For Rent in Bakersfield>Question Details

Gabe Stockton, Other/Just Looking in 91362

what are rents like in the area?

Asked by Gabe Stockton, 91362 Tue Jan 24, 2012

Help the community by answering this question:


Hi Gabe,

When comparing two homes of similar size and ammenities, one for rent and one for sale, the rent is typically 15-35% higher than the payment would be on a 30 yr mortgage loan. This is based on an FHA loan with only 3.5% down.

Right now there are also several programs and incentives from sellers that can help you to purchase a home with less down than you would pay for rent + security deposit.

If you'd like more information on some of these loan programs feel free to call me. It's definitely worth looking into.

Best wishes,

Chasity Goodson
Loan Officer
Phone: 661-324-2525
0 votes Thank Flag Link Thu Jan 26, 2012
This is not a direct answer to your question, but the others have already answered that. Have you thought about buying? It is sometimes cheaper.
0 votes Thank Flag Link Tue Jan 24, 2012
Apartment or house. Depends on area, $650-1200, for a house $1000-1800. We have a property management in house... Call 661 735-1511 ask for Melvin
0 votes Thank Flag Link Tue Jan 24, 2012
Rent rates are high these days because rentals are in high demand. I suggest calling a few property management comapnies to see what types of rentals they have available and how much they are asking for rent.
0 votes Thank Flag Link Tue Jan 24, 2012
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