How Do College Students Afford Rent Reddit

Withdrawing money early from retirement plans moving in with relatives and even taking out second mortgages on homes.

How do college students afford rent reddit. Another option is to look into getting a guarantor to sign your lease. Calculate the rent they pay you to be as much as the rent you pay the landlord plus your fair share of utility bills. I am from a middle class family in India my father being the only earning member in our family of four.

Its easy to understand why many students opt to live off-campus dorms are often small and cramped and incredibly expensive. Rent can be really cheap around 550-600month for a 1br especially if you steer clear of the trendy areas - or it can be pretty pricey if you do. If I went back to college Id probably pursue a degree in art english or history.

Theres also a reason that college apartments are usually. 400-500 a month is average for my college town. Figuring out how much to spend on rent really depends on your personal financial situation and budget.

The disparity here is huge when it comes to what you get in NJ. Technically 12 units is considered a full time student. Im not in school at the moment but when I come back I want to be able to afford rent.

Financial aid does aim to cover cost of attendance which includes housing but its usually not enough particularly depending on the cost of living in the city you are going to school in. I want to live in a dorm with a roommate when I go off to college for many reasons. We lived rent for the best part of 4 years and had the best rooms of the houses we lived in.

If you dont have a substantial income many landlords wont approve you for a lease. The most common way to find a place to rent is to get roommates and if you have friends attending the same school as you do this is a great option. Rent per person was 499 and everything was included except electric which was always around 25 a month and a one 25 parking fee.