Below is a graph that represents how much an average person will pay in rent versus owning a home. Click here for a more detailed investment scenarios.
MFlats
Grand Marq
Melrose
Jefferson Commons
University Village
One Bedroom
Base Payment
$1,168
$1,468
$999-$1,099
$1,224
$970
Parking
Included
$100
$85
$95
$125
Laundry
Included
N/A
N/A
Included
N/A
Balconies
Included
N/A
N/A
N/A
N/A
Deposits & Misc
Included
$15.75
$29.17
$36.25
$39.58
Tax Advantages
$209
TOTAL
$1,168
$1,583.17
$1,113.17-1,213.17
$1,355.25
$1,134.58
MFlats
Grand Marq
Melrose
Jefferson Commons
University Village
Two Bedroom
Base Payment
$1,530
$1,468
$1,498
$1,730
$1,458-$1,734
Parking
Included
$100
$85
$95
$125
Laundry
Included
N/A
N/A
Included
N/A
Balconies
Included
N/A
N/A
N/A
N/A
Deposits & Misc
Included
$15.75
$29.17
$36.25
$39.58
Tax Advantages
$275
TOTAL
$1,530
$1,583.75
$1,612.17
$1,861.25
$1,622.58-1,898.58
*Amount does not include Association fees. All numbers are approximate and subject to change.
**There are no guarantees of property appreciation, own or invest at your own risk. Five percent is an estimate based on comparable appreciations in the area over the past 5 years.