Depending on where it’s located, this could be considered a bargain. I’ve seen basement closets for $700+/month that didn’t have windows or a kitchen.
EDIT: I should add that this wasn’t in a large city. https://www.zillow.com/homedetails/1042-Winthrop-St-BASEMENT-Brooklyn-NY-11212/2061307902_zpid/ is an example of $1,200/month in NYC.
I’ve seen basement closets for $700+/month that didn’t have windows or a kitchen.
Huh. Fun fact, the International Building Code is a “model code” that’s adopted as the basis for building code by most jurisdictions in the USA. Meaning if you’re in the USA it’s more likely-than-not code where you live.
Another fun fact: there are egress requirements for basement that contain “sleeping rooms” (R310.1). Essentially, you need a minimum 1 normal means of egress and 1 emergency escape and rescue opening unless the building is equipped with an automatic sprinkler system – and your local code might have even stricter requirements.
This is a disturbingly common code violation by people trying to rent out their basement. It would be a real shame if someone were to read up on their local code and report suspected illegal basement conversions to local code enforcement or the fire inspector.
I once paid $600 for a single room in someone else’s house. This shit really is getting out of control.
Now I’m at $1340 for a garage… As the other person said, we’re literally paying their mortgage, but can’t afford our own… Thanks COVID! Not only did it kill tons of people, it killed the housing market too.