Pattersonca65
Well-Known Member
Yup. When we crunched the numbers we realized that we were going to be paying about $2500-2700 a month to rent a condo/townhouse the size of the row house we currently mortgage for about $1400. Sucks. I don't know how anyone affords to buy anything larger than a match box.
We've been looking at Sunnyvale, Santa Clara, and West and North San Jose. Other than the towns Jay threw out, any other gems we might be overlooking? I do appreciate the help.
The good areas of San Jose, one bedroom apts go for approximately $2,500 and two bedrooms for $3,000. My brother owns good size townhouse north of San Jose near San Carlos that he rents for $4,300 a month. The couple combined make over $300,000. That is why it costs so much to live in the area. It is a hot economy in a relatively small area. Too many people making too much money and not enough places to live. That is why as Javabay mentioned so many people have flocked to the Central Valley over the years and endure the commute.
I think anywhere you end up in is okay. All the connecting towns are really good. Sunnyvale, Santa Clara, etc. Saratoga and Los Gatos are beautiful upscale towns where the big bucks go. If I were going to live in a populated area again, I would probably move to the Tri-Valley area (Pleasanton/Livermore). Great area. Still pricey even there but rentals are probably a bit cheaper and you get more for your money. The weather is really good. The commute to San Jose is a bit tough. The BART line extends to Pleasanton so if you work on the SF or SF Peninsula it is a breeze