Q:

How do you find monthly rooms for rent?

A:

Quick Answer

Find monthly rooms for rent in the local newspaper and through online classifieds sites such as Craigslist. As of 2015, rentcompare.com and apartmentfinder.com are two other resources for locating rooms to rent.

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How do you find monthly rooms for rent?
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Full Answer

Before seeking out rooms to rent, ask friends or family members if they know of any such rooms. You may discover that a friend or family member needs extra income and is willing to rent out a room to you. If not, start determining how much rent is affordable and where the room should be located.

The first thing to decide when looking for a room to rent is the amount of money you can safely allocate toward rent. Renting a room entails more than paying a room fee. The homeowner or other renters typically divide the cost of electricity, water, cable and incidentals.

After coming up with a comfortable number, search the local paper and other resources. Keep in mind the proximity of the room to jobs, shopping areas and criminal activity. If the room is in a high-crime area, consider looking elsewhere.

Before signing any documents for renting a room, read over the fine print carefully. Make sure any deposits and security payments are detailed and refundable if the room is left in good condition.

Learn more about Household Budgets

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