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How is the amount of monthly rent determined?

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How is the amount of monthly rent determined?

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As with nearly everything having to do with real estate, the value of a home is dependent upon its location. The exact same home in a sub-division on the west side of Albuquerque, for instance, may well rent for $200-$400 less than its counterpart on the east side. By the same token, however, the selling price of these homes will differ proportionately.

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