Well, fwiw. Rent for a 1 bdroom now can be done for almost $1300/month for 6month lease if you have availability right now. I’ve started to solicit for a rent in case my current tenant moves out and wanted to see what the rent will fetch. I asked around $1250 for either a 6m or 1y lease. Folks came back and said they needed to move in right now and they would be willing to pay $1350-$1450 month to month or 3 months.. I told them I only do 6months min, and folks have come back and said they’ll pay $1300 for 6month, if they can move in right now…
Unfortunately, I don’t have availability right now. So it doesn’t work for me.
I checked in MM. Not many 1/1 available right now, even at the bellweather Somerset…And they’ve jacked up rent again.
