$2400-2800/month for a 1bedroom.. Lol… Good luck with that one… That’s almost the same amount of my 15 year mortgage on a SFH in CarmelV.[/quote]
Well, having looked at many, many apartments in my time, I can say the advertised price and what people actually pay always have a gap. There’s a common marketing trick where they will say it’s 2400 a month, but we can let you have it for 2200… what a steal!
I’ve also noticed new buildings often price fairly aggressively until they fill up. They then raise the rent progressively once they don’t have dozens of empty units to fill up.