$55000

[Sincerly Hope]

Originally Posted by (-)

there are parts of southeast that remind me of harlem before gentrification, and just like harlem those are the parts of southeast where it'd be prudent for one to invest. just talking from a business point of view. i understand what you are saying though.

But of course Harlem offers a lot more than Ward 7 or 8 does, especially when it comes to public transit and urban living. Harlem has like 8 subway lines going through it with like 30 stations. There are only 5 or 6 stations East of the River city proper. A lot of that part of town is suburban and lacks retail/entertainment among other things. It'll take decades for that part of DC to be gentrified and even then it won't be a U street or Columbia Heights.... it just isn't walkable like that.

[Missingatlanta]

You can definitely make here off $55k especially since your debt is so low. I was making about $35k when I first moved here a few years ago and the rental market was just as expensive and probably more expensive back then. I had a room mate split a 2bd where I paid $700 a month and I was able to save money and had money to shop and go out. A lot of people are renting out their condo's and homes because the housing market is so bad also, so don't just look at renting apartments.

[tslice]

Hey man,
I moved here a few months back with a budget of 1900/month net. I am a full time student with decent savings that I am using to finish school. I found a place in Alexandria for $750 as my half of rent. $55K is more than enough to live down here if you have that much disposable income. Just mind your budget, and you will be fine! Enjoy DC, its s great area