Rentals in 95050>Question Details

Virginia Tou…, Home Buyer in Sunnyvale, CA

I am looking to rent a studio for my son who is a college student, want to spend max. $800 - any ideas?(Sunnyvale, Cupertino, Mt.View, or Santa Clara)

Asked by Virginia Toupin, Sunnyvale, CA Fri Mar 29, 2013

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$800/month is on the low end of the spectrum. It'll be difficult to find a studio apartment. You may find a single room in a shared home or apartment for this rate though.

As an example, individual room rentals near Stanford University can be found for $750-$900/month on the Stanford off-campus housing page. Meanwhile studios / single bedroom apartments generally are in excess of $1,300+ a month.
0 votes Thank Flag Link Tue Sep 24, 2013
I have single home in santa clara, if he ok to share a room with this price , is probably good , he does not need to pay for water or electricity,
0 votes Thank Flag Link Fri May 24, 2013
Hi Virginia:

$800 for a studio, not likely.

Maybe a shared bedroom.

Good luck.
Perry
Web Reference: http://www.ruthandperry.com
0 votes Thank Flag Link Wed Apr 3, 2013
My daughter recently graduated from the University of Santa Clara. I would recommend using information from your son's college to find housing. Student housing generally has several rooms often shared which in turn share common areas. Space is very effectively used keeping costs down. Your son would be interacting with other students which would help his education.

$800 a month is very tight. I've seen homeowners rent out a bedroom to a student but that is about the only way I've seen to get the rent that low.

Occasionally the parents of students have bought condominiums for their children to use while attending college. They rent out the extra rooms to other students keeping the cash flow down. With interest rates low, it can be a good choice but you don't want to be in a position to be forced to sell the condominium immediately when your student graduates.

Real estate sales statistics for Santa Clara and other cities can be reached from:
http://julianalee.com/santa-clara/santa-clara-statistics.htm

The average price for a Santa Clara condominium is about $500k.

Good luck,

Juliana Lee
650-857-1000
Top 2 agent nationwide at Keller Williams Realty

Over 30 years experience
Over 1,000 homes sold in Santa Clara and San Mateo Counties
.
Web Reference: http://julianalee.com
0 votes Thank Flag Link Sun Mar 31, 2013
Hi Virginia,

Sadly, I think that $800 is going to be tough for a studio here in the areas where you've specified. A room within a home shared with other renters is more likely at that fee, but a studio is going to start at $1000 per month or more. Keep in mind that, with so little rental housing available right now, rents are escalating almost as quickly as home's prices.

So check on Craigslist, or better yet, have your son check with the local college community housing boards and groups to find suitable housing. Remember, NEVER rent from an agent or owner who is NOT local. Never rent from people who claim to be out of town or out of the country and who want outrageously low rents for the home, and never rent from someone who can't show you a home unless you send him/her money first.

Be careful and be safe when searching for homes.

Good luck!
0 votes Thank Flag Link Fri Mar 29, 2013
Virginia, your best bet is probably going to be Craigslist or your own social network. Be careful on Craigslist. I think the $800 is going to be a challenge for a studio. It's possible to rent a bedroom with others for something around that price.
Web Reference: http://www.terrivellios.com
0 votes Thank Flag Link Fri Mar 29, 2013
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