Marin Rental Market
Whether you are moving to Marin for a job transfer or you want to experience life in Marin, there are a number of rental options you should know about.
Marin short term rentals are a great option. Some of the best resources for short term leases in Marin come fully furnished. Here are a few of my favorite companies and sites:
For long term options, your best bet is to visit, and frequent, Craigslist. Most of Marin's top property management companies, local Realtors and landlords post their rental listings on Craigslist. It's the most widely used site for rentals.
The Marin rental market is HOT right now. You will be paying a premium even when agreeing to a long term lease. Move in condition 3 bedroom executive style homes around 2,000 square feet in Mill Valley rent for $5,000/month. A 4 bedroom ranch style home around 2,500 square feet will rent for $4,500-$5,000/month. There are 1.5 bedroom apartments in Tiburon that rent for $2,400/month - without a garage or inside laundry.
The rental market is competitive. If you want a nice rental, you will have to frequent Craigslist multiple times a day in order to stay on top of new listings and to be the first to secure the rental. Landlords will scrutinize your qualifications to be sure they are selecting the right tenant. Make sure you have a resume together. You may feel like you are in a beauty pageant.
Renter beware! There are distressed home owners out there in pre-foreclosure who are willing to pocket your money while not paying their bank loans. If they do not disclose this information to you, they are committing fraud by entering into a lease with you that they might not be able to honor. One way to protect your interest is to contact the Marin County Assessor's office to determine what types of liens exist on the property, is the home owner in default of their mortgage payments and are property taxes paid up. This exercise won't guarantee that you won't end up leasing a property in distress, but at least you can do some
preliminary homework to determine the landlord's stability.
Hope you found this information to be helpful! If you are a renter, and you are considering a home purchase, feel free to contact me. I would be happy to review a Rent vs. Buy scenario with you.