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Is it cheaper to get a house then an apartment in los angeles?


I'm moving to LA soon with my best friend and I need to know if I should get a house or an apartment. I want whatever might be cheaper. The house would need to have 2 bedrooms and so would the apartment. We are gonna split the payments so it's fair. Please help me I need to figure it out so I can save money for it.......

Renting, get an apartment. Buying, get a house. Despite what obviousman says, in a new place, I would not recommend buying until you know the lay of the land.

Remember with a house you have other added expenses like yard maintenance and trash collection on top.

Also, here's my all-time primary advice to someone coming to LA: find a job first, then LIVE NEAR WORK! Gas is so costly that you need to cut down on your commute, and you will need a car in LA almost certainly.

Apartment

It all depends on the area you plan to move into. Some poor neighborhoods have cheap houses, but are not safe areas. There are newer apartments going up in some of the suburbs south of LA and further east, that may be a much better bargain than renting a house.

Definitely an apartment would be cheaper. In LA living in a house is a luxury (less noise from neighbors, parking, backyard, etc.) so houses are always priced higher than apartments.

a house! and a house is so worth it! trust me!
dont get an apartment! some of the appartments are like $300,000 for a 2 bedroom..when you could get a 4 bedroom KB home for $300,000! so it is up to you...but I would go for the house because the apartments can be really expensive...and no worth the money you pay for them.
gOoD LuCk!

Renting an apartment is cheaper, but you would probably do very well for yourself if you bought. Right now it's a buyer's market, so you can get a good deal. This way, you will have equity instead of paying all your money to a landlord.

Some people just don't get it... and I can't convince them to buy instead of rent. Oh well. Take my advice, you'll come out much better. Don't just look for the cheapest option, look for the best option.

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