How Much To Charge For Renting A Room In A House. When choosing a room to rent it is important that you are paying a fair market rate. Split the total rent in terms of the square footage used by each renter both for private full price and shared price divided by number of users space.
If you do the math you ll notice that those rents add up to 11 700 per year. How to figure what to pay to rent a room. For example for a home valued at 250 000 a landlord could charge between 2 000 and 2 750 each month.
Several factors will determine how much rent you can charge including size of room fixtures and fittings location condition of property not just the room etc.
For instance if the total monthly expenses is 2 000 and has 2 occupants in the house including himself he figured that it s reasonable to charge 1 000 per month for someone to rent a room in his house. See if there are similar situations where a landlord is renting out a single room. Now of course a prospective roommate may negotiate the rent price down from there and may end up paying 900. When choosing a room to rent it is important that you are paying a fair market rate.