Submitted by [deleted] t3_11193a6 in RhodeIsland
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Submitted by [deleted] t3_11193a6 in RhodeIsland
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How many bedrooms? Local Avg 2 br rent is 2100 maybe even 2200 so that’s not as bonkers as it sounds. I mean it is actually bonkers but not unusual bonkers.
Local average for a 2Br apt is $2100?? Shit I rent out my 5Br 2ba for $1600
I ran comps for our unit and it spit out 2200 as the price. Statewide may be lower but east side is defo solidly around there.
Wow I’m in Pawtucket
They don’t need to be competitive.
Don’t move to a mill building. They tend to have rats, as there are lots of small gaps and you are on the river. Some of those rats have ancestors who were there for the start of the Industrial Revolution. Rats carry everything but tiny AmEx cards, and they are hard to eradicate.
These rats still use diners club cards
Walls are tissue paper. My boy gets woken up by his upstairs neighbors alarm every am. And he said he can straight up hear the lady next door breathing.
At Slater, unless you’re looking at building 3 which isn’t part of the actual mill but more house-like, then that seems right
Depending on the size of the place and amount of bedrooms, that's a standard starting rate in a mill building. With mill buildings and other corporate housing developments those prices are non-negotiable.
Need more details, but that is competitive for a 2 bedroom, or a well appointed smaller unit
it seems like a lot of the "Luxury" apartments are pretty high right now, but the prices seem to be dropping. A few of the places I've looked at state the price shifts "due to the market" or whatever that means.
> I've looked at state the price shifts "due to the market" or whatever that means.
"We realized we could make more money"
And sadly they do. Just remember, they wouldn't charge those prices if there weren't chumps that would actually pay them.
What'd wild is I know someone who lives in one of these types of places and the building is a ghost town. If vacancy is this tight and they can't attract renters then when does that price stop actually being market rate?
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I'm in the property management industry and unfortunately unless you have a private landlord there is no such thing as price negotiation with an apartment complex mill or otherwise.
Keep in mind that some high ceiling mill buildings can be a complete utility money pit, too. I haven't been in one but I've heard heating horror stories so add in even more expenses.
It seems that all the mill/new builds just seem to align on the same price. I had a friend who was looking and every studio was the same rate, so she just picked the building she liked. Expect to get a hike on renewal too, so if you're at the top of the budget, I'd reconsider.
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2000$ or $2000?
200$0
waninggib t1_j8dhoqf wrote
That sounds pretty standard for rent in one of the mills, and for rent in general lately.