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I honestly can't believe that rent has doubled in my city in less than 20 years.

I'm looking to move out of my current shitbox apartment and was searching on Craigslist for a new place when I stumbled upon a listing for a unit in my very first apartment building that I got on my own back in 2003. It was a shitty efficiency in a shitty part of the city and I paid $325 a month. Now apartments in that unit are going for $650 with ZERO upgrades.

$650 for an EFFICIENCY - a single room with a tiny kitchenette, small bathroom and a walk in closet.

In my area, 1 bedrooms and 2 bedrooms are currently priced around a $100 difference, and some within the same neighborhood.

Rents are getting out of control and my landlord just raised mine 4%..

EDIT: Pics for reference:

https://pic8.co/sh/81BrcQ.png

https://pic8.co/sh/1IkKsM.png

https://pic8.co/sh/Px0aZC.png

I honestly can't believe that rent has doubled in my city in less than 20 years. I'm looking to move out of my current shitbox apartment and was searching on Craigslist for a new place when I stumbled upon a listing for a unit in my very first apartment building that I got on my own back in 2003. It was a shitty efficiency in a shitty part of the city and I paid $325 a month. Now apartments in that unit are going for $650 with ZERO upgrades. $650 for an EFFICIENCY - a single room with a tiny kitchenette, small bathroom and a walk in closet. In my area, 1 bedrooms and 2 bedrooms are currently priced around a $100 difference, and some within the same neighborhood. Rents are getting out of control and my landlord just raised mine 4%.. **EDIT:** Pics for reference: https://pic8.co/sh/81BrcQ.png https://pic8.co/sh/1IkKsM.png https://pic8.co/sh/Px0aZC.png

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I've downsized twice since I retired in 2014. Sold our (mortgaged) house in Fort Collins, CO for $375K, it's listed for sale now for $775K. I bought a house near Austin, tx in 2014 for $145K, sold it in 2019 for $200K, it is valued on Zillow now for $330K. I bought a 55 year old house on a 1/2 acre lot in a small rural town in TX in 2019 for $128K. 18 months later Zillow says it worth $162K. Our property taxes are 1/4 what they were on the house near Austin.