At the time of this writing, an average 2BR/2BA condo in the 20850 and 20852 zip codes rents for around $2,050 per month?
With a two-year lease term (what landlords in Montgomery County are required to offer by law), that’s a cost of almost $50,000.
As mentioned before, there are over 75+ apartment and condo buildings in just those two zip codes alone.
They all charge different amounts based on length of lease, bedrooms/bathrooms, parking options, utilities, pet deposit fees, amenities, and many more factors.
Suppose you chose apartment/condo A without a full understanding of those details – and passed up apartment/condo B down the street solely because you didn’t know it was even there.
At a minimum, you’ve just wasted $2,400.
What if you spent $400 or $500 more a month?
That’s potentially TENS OF THOUSANDS of dollars you’re wasting.
We’re not even considering all the time you’ve spent looking for places online; the gas to drive around; calls that went unreturned; trips in and out of town, etc.
And that number certainly doesn’t include the cost of an unscrupulous landlord or apartment complex that owes you absolutely no fiduciary duty, let alone will properly educate you on things like security deposits, required maintenance times, and other protections you are entitled to by law.
Most importantly, it doesn’t include the emotional toll of coming home to a place you absolutely can’t stand to be living in..
Check out some of these rental site options that you might have seen before….
These are the links to “Rockville“ rental searches - which is strange because many of the results are from places not even in the immediate area.
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