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I'm moving in with 2 people in a 2 bedroom, so 3 people total. One of them is fine with making the living room their bedroom. I have no clue how much the person in the living room will pay rent. Should I go like 80% of the sq ft of living room plus 1/3 sq ft of all common space? Would appreciate any general estimates.
Definitely. Don't complicate things. Divide things by 3 equally, and respect this person's space as if it were an actual private bedroom. So you will no longer have a living room to hang out at.
I agree. Don't start diddling around with convoluted percentages. Split the rent three ways and likewise split the utilities three ways - and you'd be well advised to put together a formal contract outlining everyone's financial share and house duties. You only need to read through some of the threads on this forum to see how even the apparently simplest things can seriously foul up a roommate relationship. Good luck!
Don't see why it shouldn't. Young people have been doing the same thing for donkey's years - for some it works and for others it doesn't but that's not to say that this won't. All need to be respectful of each other and get the ground rules sorted out. If your concern is that the living room won't be available to any of them other than the person who's living in it, that shouldn't be a problem. Even small bedrooms can be made into very comfortable "bedsitters" with slick use of shelving and furnishings, and a communal living room isn't essential to comfortable living.
If I was on the couch, I'd want a better deal on rent than an equal 1/3. Maybe $50? Split the extra $25 each to the ones who get a room with a door they can close?
And where do the other two hang out all day? Entertain guests? Eat?
I agree the one in the living room should get something of a discount. If two people shared one bedroom (in a platonic manner), I think they should pay a little less as well.
I once had a roommate in a 2bdm. My bedroom was considerably larger and had a half bath. We took the total square footage of the apt and divided it into the rent $ to get a price per square foot. We then multiplied that by our respective room footage. We subtracted that from the total square footage and split the rest (for the common areas). I think I rounded up a little for my half bath. It sounds complicated but seemed very fair.
Living room guy should definitely get a discount unless you are some how partitioning off the living room and basically only sharing a kitchen. That means no common living room couch, chairs, tv, etc. Each person has to entertain in their own room. Even then, LR guy still won't have the same privacy and should get a small discount.
If you want to keep a common living room, and the very least get something and create a small corner for LR guy, so he can at least some privacy and have a place to call his own.
Oh - utilities - I would still split by 3.
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