those rent numbers seem wrong. university heights is far better than np; less apts, nicer people, neat local shops.
i rent a 2/1 garage/driveway for 965. been here for awhile, early 2000’s. my neighbor has been there longer than i and still only pays some 700/mo. when my friend and i first moved into the house, rent was 800 and i thought that was high.
rents shot up in the past 5 years for retarded reasons. there’s no gentrification here, it’s still the ghetto. you want a “party”? crack whores and tweek houses abound. dont go walking at night if you’re bone white or female.
i would venture that the majority of people in np have been here a long time. many permanent renters, some older folks. the new people, the people who think it’s cute or centrally located may be paying such high rent, but they dont stay. they get disillusioned quick enough.
btw, golden hill is closer to dt, about as central as np and yet… would you buy there for 400k?