Renting properties are sometimes a smarter move for families rather than purchasing a property when you have not figured out what you want out of your long-term home yet. If so, renting a 2-bedroom property would cost you about $3,000 dollars while a 4-Bedroom would be at $3,200 per month. Which is best suited for you and your family?
The real estate business could be tough at times since properties that are to die for end up getting purchased as fast as air. When this happens, homebuyers who wish to buy their dream homes tend to relocate and rent properties instead, at least for the time being that they haven't figured out what they want to buy yet.
According to Curbed, when families decide to rent, a four bedroom two bathroom for a big family might be fitting for the short term; that is if they are more than 4 members living together. You can find such property on Belden, Chicago which will cost you around $3,200. The property is composed of a two-leevl old Logan Square flat. Also, it's conveniently located within 15 minutes from the Western Blue Line Station, provides for laundry, two private decks, a wood-burning fireplace and two parking spaces. However, since these clients tend to see the home as something temporary, this might not be a smart place to live in for a small family with a tight budget saving on buying the real thing.
Therefore, for the smaller families who wish to live not in Chicago but in New York and would only settle for 2-Bedrooms, it would generally cost them around $2,900.
According to Curbed, one property is that of an apartment, a more temporary-fitting property to stay in for a while. It houses a dishwasher along with a skylight in the living room. Furthermore, it also is priced at $2,950 per month with no additional fees. If that did not convince you still, it is accustomed with French doors and brightly painted walls.
There is also one in the Prospect Heights area in New York. It is a 2 and a half bedroom apartment, as well, and is priced the same as the previous New York apartment mentioned earlier. The difference it, it is more spacious with a 1,100 square feet area.
Generally, if renting a property for you to stay with your family, the price range would be at $2,900-$3,200 in Chicago or New York.
