There is no doubt that finding a roommate will cut down on living costs. However, finding an apartment that appeals to both roommates can be challenging. It is extremely difficult to find a multiple bedroom house or apartment that equally accommodates all roommates. So whether you are getting creative by converting a den into a bedroom, building a fake wall, or simply working with what you have, Splitwise is an awesome tool for figuring out who pays what. Below is the Splitwise Rent Calculator in action. I am going to use this post as an example, using the two bedroom floor plan.
First step is easy, just put in monthly rent and number of bedrooms.
The second step lets you provide more detail. You will have to use your judgement on some categories but others are more straightforward like a private bath.
The third step describes the common space.
Ta da! In three easy steps you are done.
Still not convinced? You can never go wrong with an old fashion dutch auction.