How do I calculate rent between three guys in an apartment?

Question

Two bedrooms.

12' 6" x 10' - 6" = one person

12' x 13' - 6" = two people

rent is 1310. what formula do people generally use to determine rent?

how do i do it by sq feet?

Answer 1

Your safest bet is to split it in 3 and have each a pay a third. I can understand why people want the person with a solo room to pay more, but that almost always leads to problems.  

Answer 2

I'd do something like 40x30x30.  Private room pays premium.  If nobody volunteers to pay extra for the pvt room, do 1/3 and rotate if need be.

Answer 3

You don't calculate by square feet for shared rent ....

You simply divide the rent by 3 which comes out to about $436.00 and some change for EACH tenant living on the premises .

OR; the person with the Private Room Pays like $100 MORE per Month that the other two .....

Answer 4

Square feet is not the way to calculate sharing a place. Just divide everything by three.

Answer 5

The best way seems to be for everyone to pa 1/3 the rent.  Then you draw straws to see who gets the single room for 6 months.

Another way would be to bid for the room.  Higest bidder gets it.  The other two split the rest of the rent.

Answer 6

The simplest way would be to divide the rent equally between all three.  And to avoid disputes about who gets his own room, perhaps you can arrange a rotation schedule where each one of you would stay for several months in the room before letting the next guy have his turn.

There is no formula for calculating rent that would produce a fair arrangement.   Because it's not just the square footage that matters but also the privacy and the convenience of having your own separate room.

Answer 7

Multiply 12.5 x 10.5 = 131.25

Multiply 13.5 x 12 = 162

Total square footage of both rooms combined is 293.25.

131 / 293.25 = 44.76%

162 / 293.25 = 55.24%

Rent of $1310 x .4476 = $586.36

Rent of $1310 x .5524 = $723.64 / 2 = $361.82

The one person in the smaller room pays $586.36

The two people sharing the larger room pay $361.82 each.

This is all mathmatical. It seems really unfair to me that the two guys sharing the larger room pay almost half as much as the one guy, so you really need to take more into account than simple square footage of the bedrooms.

If you know the total square footage of the apartment, figure out the cost of the apartment per square foot. Subtract the square footage of the bedrooms and then divide the remaining square footage of the common areas by 3.

Then figure out the cost per square foot of each remaining room. The one guy in his own room pays the full amount for the remaining square footage for the smaller room, the guys sharing a room split the cost of the square footage of the larger room

Answer 8

.  You rotate the master bedroom every 4 months.  Any other way ends in unhappiness.