With rent prices skyrocketing, college students struggle to make ends meet – CBS News 8

In San Diego, the average price for a one-bedroom is up more than 30% compared to last year, according to Rent.

SAN DIEGO — Rents in San Diego County are the highest they’ve ever been.

One group struggling to pay the higher costs are college students returning for the fall semester.

“I mean, I’ve had to pick up extra hours to cover the cost,” said San Diego State student, Shawn Bianchi.

“It is very very difficult. They say you don’t want rent to be more than 30% of your income, but there’s no way to not have like two jobs or three jobs. I have a friend who has three jobs and they’re paying more than that out of pocket for rent,” said San Diego State student, Autumn King.

King subleases a room off campus to cut costs. She also works part-time, and is thoughtful about how she spends her money.

“I go to the on-campus good bank. I drive 20 minutes to Chula Vista to get my produce because that’s where I can afford it,” said King.

According to rental search engine Rent., nationally,…

Read Full Story: https://www.cbs8.com/article/news/local/rent-prices-skyrocketing-college-students-struggle-make-ends-meet/509-f6793543-3014-42a2-899f-879ac734af16

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