How to fairly share rent in a multiple-bedroom apartment

How to fairly share rent in a multiple-bedroom apartment

roommates using technology to work togetherSo your San Francisco apartment has three bedrooms, all sized differently, and one bathroom. You have two roommates, one who is never home but has a cat, and one who uses the apartment kitchen constantly. Rent for the apartment is $2750. How do you divide it up?

This not that horrible recurring nightmare you have in which you have forgotten to take the SAT until the last minute and may not have graduated from high school after all (the author is plagued by this nightmare). This is one of those real life problems that are often more difficult to solve than the algebra kind.

We know San Francisco renters who have ended up in near-brawls with their roommates over whether the additional window in one room or the extra six inches of ceiling height in another justifies another $50 or $100 in rent. And we all know that the reality of who actually uses the apartment – aside from showering, perhaps – never quite jives with an even rent split arrangement.

The bottom line is that you can’t divide up the rent based on how the apartment is going to be used, especially if you are all living together for the first time. (If you have a history with your roommates and know that Roommate A is going to cook a five course meal every night but Roommates B and C are going to get to eat it, than that may mean that Roommate A deserves a decrease in their rent.)

If all the rooms in the apartment are about the same size, it’s fair to assume that you should all be well-behaved adults and split the rent into third. If you believe that the rooms are different enough to necessitate different valuations, you might consider using a rental price setter like The Rent is Too Damn Fair, which allows roommates to bid on the rooms in the apartment and establishes pricing based on a relative perceived value.

How have you negotiated rent ratios for a multi-bedroom SF apartment with your roommates?

Enhanced by Zemanta

Tags assigned to this article:
Multiple-bedroom apartment

Related Articles

Last chance for the outdoor market

Okay party people, last chance to shop in the great outdoors. This Wednesday & Saturday are the final two outside

Wall care. Who knew you needed it?

The walls themselves are the last thing many of us think about when it comes to decorating (or un-decorating) an

Ban on pet sales bill being considered

How much is that doggy in the window? You may never know because a ban on pet sales in San


Write a comment
  1. Chicago Apartments for Rent
    Chicago Apartments for Rent 21 September, 2012, 18:12

    Maybe the evaluation is alright. But if you will just get into an argument, you better have a much professional opinion and agree on a person who you think can give you expert advise on the value of each space. This would settle the score and then you could start living peacefully with one another.

    Reply this comment
  2. Pat Taylor
    Pat Taylor 26 January, 2013, 07:54

    It is always a good idea to know your landlord.

    Reply this comment

Write a Comment

Your e-mail address will not be published.
Required fields are marked*