How much of your income do you spend on rent?

Facebook TheNight
May 4 83 Comments

I spend $2500 renting a 1 bedroom in Mountain View.

TC: 150k
Base: 125k which is close to $6k/month.

My apartment kinda sucks hence I’m planning to allocate an extra $900 towards rent starting soon.

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TOP 83 Comments
  • Uber oROc10
    TC 320K, own a 4 bedroom house with wife paying 2500/month mortgage (1100/month on interest). Own 2 other condos bringing in 1500/month in rent total after expenses. 4 YOE
    May 4 9
    • Amazon suh
      Is this in like Pittsburgh or something?
      May 4
    • This has to be Pittsburgh
      May 4
    • Uber oROc10
      Lol not Pittsburgh or Bay area but close
      May 4
    • Accenture / Data __asdf
      i like your style oROc10 :-) , where are the properties? how much are the condos and how much did you put as downpayment?
      May 4
    • Amazon amznl6sde
      Then Colorado? Atg has an office there.
      May 4
  • Google cuppa
    2800/mo 450k TC. Keep running the numbers and can’t convince myself it ever makes sense to buy a house here (Seattle).
    May 4 19
    • Tc or gtfo
      May 5
    • Google cuppa
      Run the numbers. Five years at 7% real returns you would have made 120k in the market. Meanwhile your mortgage payments in the first five years are mostly interest, so it’s lost anyway. You don’t start paying down significant principal until later in the loan, and by then your market returns are compounding like crazy.
      May 5
    • Amazon amznl6sde
      Sure , 370k TC. My mortgage is 2400, the mortgage on my Airbnb is 1400, the mortgage of my commercial rental is 1600.
      May 5
    • Salesforce njnjnjnjw
      How do you calculate 1.5M gain over 30 years?
      May 5
    • Google cuppa
      200000*1.07^30
      May 5
  • Amazon / QA
    patelsiva

    Amazon QA

    PRE
    Amazon, Panasonic Avionics
    patelsivamore
    My TC is 120k which comes out to like $5 a month. I rent a room for $800
    May 4 8
    • Amazon / QA
      irnsucjen

      Amazon QA

      PRE
      Amazon, Panasonic Avionics
      irnsucjenmore
      No Sunnyvale, I just wake up early
      May 4
    • Yahoo gKXi43
      Oy, how long is that commute? Is there a shuttle?
      May 4
    • Google / Eng
      rQsc13

      Google Eng

      PRE
      Qualcomm
      rQsc13more
      Wow that's some dedication to save money Amz. You plan on buying a house around the area soon?
      May 4
    • Amazon / QA
      irnsucjen

      Amazon QA

      PRE
      Amazon, Panasonic Avionics
      irnsucjenmore
      It just makes me sick how people blow there money on rent each month
      May 4
    • Amazon jkpoop
      Why are you living in Watsonville for $800 when you can live in Hayward and San Leandro in the inner bay area for the same price?
      May 5
  • Microsoft / Eng mfCG87
    About 40% after taxes and maxing out 401k and ESPP 🙃
    May 4 3
    • Facebook TheNight
      OP
      What’s ESPP?
      May 4
    • Google cuppa
      employee stock purchase plan
      May 4
    • Amazon TVUV58
      Employee stock purchase program. E.g. discounted stock purchases
      May 4
  • Jeeebus, is it worth going to mtn view?

    110k Austin but only pay 1k a month in rent and don’t have state or local taxes.
    May 4 1
    • Nvidia vnnP31
      No it isn't, lol
      May 4
  • Discover Financial Services advhhrdf
    Base 120k , Bay Area
    Rent - 1300 per month including utilities
    May 4 6
    • Discover Financial Services advhhrdf
      San Jose
      May 4
    • RackWare WdGfe4
      For one room I suppose?
      May 4
    • Discover Financial Services advhhrdf
      Yes , a room in a shared house
      May 4
    • New / Eng
      lostlexa

      New Eng

      BIO
      I’m here to make your life easier.
      lostlexamore
      This isn’t bad, I’m in Irvine splitting 2.2k/mo with my fiancé for 2bd. $95k base.
      May 4
    • Discover Financial Services advhhrdf
      The good part is it’s just 1 mile from my office . I bike for 10 minutes for commute :)
      May 5
  • Google coolguy00
    0$
    May 4 0
  • Amazon
    ps.ily

    Amazon

    PRE
    Google
    ps.ilymore
    Just under 25% of take-home pay for rent and utilities
    May 4 0
  • Universal Orlando RazzleDazz
    Base: 95K, rent is $900/month (shared house), South Bay.
    May 4 3
    • How do you like working for universal? I’ve always been interested in that or Disney.
      May 4
    • Universal Orlando RazzleDazz
      Universal was great. Considering boomeranging. I would go back to Disney, but it'd have to be for an amazing team/project. Too many nightmare stories.
      May 4
    • How tough is it to survive in the Bay at that income? Are you able to save much?
      May 4
  • Amazon fr33tyler1
    $2400 per month on rent in LA for 1bd, TC 190k
    May 4 3
    • Rakuten rzpt04
      where in LA? amazon... Irvine office?
      May 4
    • Amazon / QA
      pxbx125

      Amazon QA

      PRE
      Facebook
      pxbx125more
      Amazon has a Santa Monica office.
      May 4
    • Rakuten rzpt04
      thanks for the info!
      May 4
  • This comment was deleted by original commenter.

    • Juniper / Eng
      n71ghty

      Juniper Eng

      PRE
      Juniper Networks
      BIO
      this is blind bitch, gtfo.
      n71ghtymore
      Where the fuck is this?
      May 4
    • Intuit Snide_Wolf
      Sounds like Nevada or perhaps Midwest
      May 4
  • Nvidia vnnP31
    Spending 2400/mo for a place in San Jose, TC 240k.

    Could afford more, but prefer saving for the future
    May 4 1
    • Cisco chck
      Rent or Own?
      May 4
  • OpenTable / Eng b14c7j4x
    165 base 230tc 2500/mo 2bdrm
    May 4 1
    • Rally Health FuPayMe$$$
      Everything beyond 165k base is paper money here.
      Jul 3
  • My Mortgage is about $915. Utilities are about $110/month.
    House is 2015 Sq feet.
    TC ~90000
    I live in Utah (Silicon Slopes).
    May 9 0
  • New / Ops
    tooQ10

    New Ops

    PRE
    Rakuten USA
    tooQ10more
    I own - saved for a decade and have no debt -, so my "rent" is 400 in property tax and maintenance. 45k TC in low-ish CoL city.
    May 5 0
  • Google / Eng
    चाचा चौधरी

    Google Eng

    BIO
    चौधरीकोइँन H Y P E
    चाचा चौधरीmore
    Total $1250 for a room in mtv , 190k tc. Like to live cheaply and instead blow my money during weekends on bars, concerts, and hobbies 😀
    May 4 0
  • IBM / Product mushk
    13% / 20% of take home in Manhattan
    May 4 0
  • Intuit Snide_Wolf
    600/month in Reno, NV. Shared 4 bedroom apt with my wife's mother and grandmother. My wife and I have 55k AGI, so percentage would be around 14 percent.
    May 4 0
  • Sony vapkris
    TC 160K rent 2700/month. 6YOE
    May 5 0
  • SpaceX SlaveX420
    50% of take home pay.
    May 5 0