Quote Originally Posted by Bayer View Post
Data on average rents is deceiving. Newer or renovated rental buildings (the one next to Opera Place, or Jazz, for instance) are closer to condo rents.
Yeah, I don't know what the numbers are exactly. But I think my hunch that rental rents would be lower than condo rents is that many people who can afford a $1500+ monthly rent, which is what I see most condo rents start at, likely won't be long term renters, as they'll eventually be able to afford to enter a buyer's market. The many others who can't afford to buy, therefore, would be renting at a lower monthly rate. I'd say the average apartment rent is around $1100. But just a guess; I dunno.