We paid $2900 for 2800 ft² in Torrey Highlands built in 2005 (just off Camino Del Sur). Think of it as CV East and (poor man's) Santaluz South
We now pay $3200 for 2400 square feet in CV (built early 90's). We feel we're getting a little stiffed, but it's okay…
Found both on craiglist, but also used MLS. MLS listers are almost always high, but they'll come down as will overpriced listings on craigslist.
Exercise liberal use of foreclosure.com, zillow and county tax assessor's website to do your due diligence on the landlord.
One note:
Torrey Highlands, while nice, isn't CV. The only reason why I'm pointing this out is in case the school district Raptorduck wants to send their kids is only Carmel Valley.
Torrey Highlands i believe gives you access to Poway Unified. I have heard the difference is neglible, but some people care for the teenie tiny difference (and I have to admit I'm one of those).
…. I'm really surprised how much people are paying to rent a SFH in CV. Is this really normal, or has rental prices gone up recently pretty quickly?
When we got this 30 year fixed at $3500/month, I thought we'd be making monthly's hugely above rent monthly's. At the time I think rent was around $2700/month for something 2600 sqft, because I was checking to see how much over we're getting screwed by. But seeing people post about paying $3k-$3.2k for 22-2400sqft, it's interesting. Yes I am aware of the loss of income of the downpayment, and yes proptax/insurance/etc adds about another $1k/month, so it's still definitely cheaper to rent. I'm just a little surprised that it seems rent has climbed pretty quickly in short time.
