RENT MEGATHREAD: How much do you pay for rent?

As title says, interested in knowing how much all of you pay for rent. Please be honest, this is for transparency to help everyone!

Position: ANL1 / ASO1 / VP1, etc
Job: IB / AM / HF / etc
Base salary: 110k
Rent: $2000
Location: Upper East Side
Apartment: 1 bedroom in shared 3 bedroom 1 bathroom apt

^ this isn’t my info, just an example! Hope we can help each other out and see if we’re overpaying, underpaying, etc. goodluck !

 

IB

An2 (2022 Grad)

$125k

~$1900

3 Bed / 1 Bath (I have one room)

Dishwasher / No W/D

EV / LES

Looking to upgrade soon, but have saved a bunch of money this way, so no complaints

 

-IB -ASO1 -175k -$3400 -NY UWS -1bed/1bath, <2 blocks away from park and gym, <40 minute walk to work, but multi story walk up lol

 

ER
Base: $140k
Rent: $3,800 (gf pays $1,000)
Location: NJ
2bed (1,000sqft), W/D in unit, dishwasher, gym, pool, etc.

A true gentleman you are sir 

 

Location: NJ
2bed (1,000sqft), W/D in unit, dishwasher, gym, pool, etc.

NJ is a big place.  My respect for you is going to vary a lot if that's JC or Hoboken vs. Edison or the Princeton/Trenton area.

Fun fact, I almost bought a 3 & 1 rowhouse in Collingswood for $195k when I thought I was going to be in Philly long-term.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

Own- Astoria $3700 all-in but I put 25% down.  2BR with a hell of a view  It's inclusive of utilities and cable (with HBO) I guess we'd put it up to 3800 with the deeded parking spot. 

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 
lemickey

Only $100 for a parking spot? Would assume more like $300

It's definitely way below market.  The co-op is just trying to make sure that nobody leaves a car there just for the heck of it with the fee.  We don't open the offer to anyone else, you need to own an apartment in the complex to get a spot, and they only allow one per apartment.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

$2,800 in LCOL city which is really MCOL lately. 2BD 2BA luxury apartment with gym and pool.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
Sequoia

I thought you were still in NYC man?

Nah - in Charleston SC now to take care of my parents until they pass, then maybe LA and eventually will go back to NYC.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
Most Helpful

So we were in a Luxury condo, if you want to call it that, with no pool, older like a 10-year prop; they did some big rehabs, but still. we were paying like 2950 it was 740ish sq ft, they jacked rent to like 3750 and we told them basically to F off. I found a lovely couple that owned two other properties and had kept this townhome since it was built in the late 90s. So we jumped on the chance. They were strict, with 720+ credit scores and 4x income. References. But they let us do a 2-year lease with an additional 2-year add, so seeing townhomes in the area are now 5500, I'm okay with it.

So we would have been right there with you, haha. 

 

Most on this thread pay under 2k for rent? Mannn WTF

Position: ANL1

Job: IB

Base salary: 110k

Rent: $3000

Location: Midtown

Apartment: 2 bedrooms, lots of windows, terrace, laundry in building

 
bawstin

Most on this thread pay under 2k for rent? Mannn WTF

Position: ANL1

Job: IB

Base salary: 110k

Rent: $3000

Location: Midtown

Apartment: 2 bedrooms, lots of windows, terrace, laundry in building

You split a $6K apartment? Or $3K for 2BR in Manhattan - what kind of sorcery is this....

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

IB AS1

Base: $175k

Rent: $2550 including parking

Location: SF

Apartment: Studio, probably 350-450 square feet, not particularly nice and no amenities

 

Pos: intern

Job: IB

Base: 100k

Bonus: nothing, I'm an intern

Rent: $1,500

Apartment: 3b2ba, so each person pays the same

Location: dt Toronto

Other amenities: pretty decent condo gym with steam room and hot tubs, pretty sick pool w/ view, laundry in my unit. No condo fees, internet, utilities 

 

Reiciendis ipsum saepe illo. Aliquid perspiciatis et est fuga quia non rerum dolore. Non possimus eum nemo ullam dolores quas. Ut eum et dolore eius nemo. Ea molestias laboriosam consectetur et harum nemo voluptatum. Aut aut quod enim doloribus odit quia.

Nisi voluptas voluptatem iure dolor. Sed iure qui eum autem dolore laudantium. Esse libero atque quod velit autem id sunt. Quia unde molestiae iusto ut illo. Aut et autem tempore ipsa illum autem.

Occaecati ab neque odit temporibus dolorum. Vel eos at repellat minus mollitia.

 

Labore rerum facilis illum molestiae autem. Reprehenderit reprehenderit neque velit voluptatibus ipsum. Totam qui eum error nostrum adipisci. Labore porro voluptatem dolores commodi. Perferendis quia vel enim impedit. Dolorem velit non esse dolor laborum inventore ut. Molestiae laborum quaerat dolores nihil non.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • Lazard Freres 06 98.9%
  • JPMorgan Chase 09 98.3%
  • William Blair 03 97.7%
  • Morgan Stanley 04 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (94) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (207) $159
  • Intern/Summer Analyst (151) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”