Glyn Ramsay. Home Design. January 15th , 2018.
Be realistic about what you can afford. Most apartment renting guides suggest that your rent should not be more than 25% to 30% of your income. This can vary depending on the income bracket, but be sure to be "real world" when budgeting additional apartment expenses such as heating and air conditioning and other utilities. If you fall short of affording the apartment of your choice, you might consider sharing an apartment with a roommate or roommates. Keep in mind that living with roommates can help you afford an upscale apartment or even, in some cases, luxury apartments, but it also has extreme restrictions to your privacy.
Some general comments are worth noting. Notwithstanding the extreme volatility in residential real estate markets recently, Luxury garden-apartment-style communities in this area of South Florida still rent for $1.00 (give or take) per square foot per month. That means a 900 square foot apartment will rent for approximately $900 per month. Not surprisingly, one bedroom units have the highest per square foot rents; three bedroom units the lowest. Some communities charge extra for water, sewer and trash removal. Most charge a rental premium for certain apartment views (especially golf course or lake views), upper floor apartments and pets.
Since this trend has been on the rise during the past few years, now you can find many apartments for sale and also apartments for short term rent that can be chosen according to your requirements. There are also several good houses for sale available in nearby areas but due to the high prices, they are not suitable for many interested homebuyers. In terms of apartments there are broadly two categories, namely, luxury apartment projects and micro apartments available for consideration.