Living with a roommate is a common way for people to move into housing that they may not be able to afford on their own. We've seen over the course of the last 20 years that the amount of people "doubling up" to lease space has increased significantly and steadily. Although the ideal is normally living in your own apartment, this isn’t always an option depending on where you work and live. Or, you may be the type to prefer someone to hang out with. But either way, roommates can be a great way to find a comfortable housing arrangement, and there are many reasons why you should consider it.
- 1. Lower Costs. Although a two bedroom apartment in the same area costs more than a one bedroom, the difference is often much less than what it would cost to rent two seperate single bedroom apartments. For example, let's say you are in an area where you can find a one bedroom apartment or townhouse that costs $1,100 while a two bedroom costs $1,400. While that $300 difference may be too much for one person to make up on their own, two people with similar incomes can easily swing that amount. It also means that instead of two separate people paying $1,100 each, they can have their shared apartment for $700 per person. That means that they both are saving $400 a month if you compare it to them each having their own separate apartments. That extra money can go towards any other common expenses, or even saving up to buy their own house some day.
- 2. Security. If you have more than one person living in a house, the odds that someone will be home at any given time go up drastically. Even if they work similar hours, there is going to be a higher chance that the apartment is occupied. This means that if something goes wrong, it will likely be noticed sooner than if the sole resident was out all day long.
- 3. Company. Having company is often good for many reasons. Not only does the presence of another person put someone at ease, just knowing that someone else will be there at the end of the day can do wonders for your mental health. Having a built-in buddy may be just what you need.
While having a roommate isn’t for everyone, it may just be for you. Let Talley help you and your roommate find the perfect apartment today!