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Updated over 4 years ago on . Most recent reply

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Sal Romano
  • Contractor
  • Chicago, IL
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Roommates how much should I charge them ?

Sal Romano
  • Contractor
  • Chicago, IL
Posted

I have a two bed room 2 full baths a 1300 sqft apartment and I want to rent out my other room to a friend but I don’t know how much to charge her. How do I go by doing that ?

Most Popular Reply

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Will Gaston
  • Rental Property Investor
  • Columbia, SC
2,214
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Will Gaston
  • Rental Property Investor
  • Columbia, SC
Replied

@Sal Romano go to Zillow and find out how much apartments are in your neighborhood. Divide the rent price by the bedrooms and that'll give you a good idea.

I'd give your friend a discount, though. Maybe 10%? Makes it more likely that they'll stay longer and it'll be easier on you as well. 

  • Will Gaston
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