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Dear PoPville – How Much Should I Charge for my Rental?

by Prince Of Petworth May 7, 2013 at 12:30 pm 72 Comments


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Dear PoPville,

I have a super small 1 bedroom (apprx 450 sq ft) on U Street (between 15th and 16th) that has a decent outdoor space, enough for a garden, wood floors, washer/dryer, updated a few years back. I will be relocating and renting out my home of the last several years. I’m out of touch w/rental costs. I want to charge a reasonable rent. The gentleman that sold me the condo gave me an amazing deal because “I was young and deserved an opportunity”. I want to pass that on :)

After paying my mortgage, etc. $1450 (that includes utilities) seems fair. Would that be considered affordable and fair?

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