My friend wants to rent me a room in his house. How to we determine what fair rent would be?
Posted by admin on July 21st, 2010
The room will only be about 10 by 10. Granted I will have the run of the house but this should be cheaper than an apartment shouldn’t it. He was throwing around numbers of $450 or $500 plus splitting utilities. His payment is $1200. This seems like a lot to pay to rent a room in a friends house. Is there some kind of formula or a suggested amount?
Berry






