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janbb's avatar

How much money might you charge monthly if you were renting out a room in your house for a few months?

Asked by janbb (63039points) 2 months ago
17 responses
“Great Question” (3points)

This would be for the husband of an acquaintance and would be on the weekdays until January. They would have their own bathroom and kitchen privileges .

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canidmajor's avatar

No idea as to numbers (helpful, I know) but I would start researching by finding out residential hotel prices, and Air B&B prices. I’ll ask my friend who does this what she charges and get back to you.

Hawaii_Jake's avatar

I rent a room out of my apartment, and he was added to the lease. When he moved in, I checked Craigslist for comparable room rates. I did the math for the size of the room and applied that number to the rent portion. I added a reasonable amount for utilities.

I can’t give you a flat number, because I don’t know the market in your area.

Forever_Free's avatar

Check surrounding area of similar amenities on Airbnb to give you a gauge. Do they get a private entrance and parking?
Long term like that might be anywhere from $1000—$1500 a month but so hard to tell without knowing what the market is in your area.

KNOWITALL's avatar

$200 a month would cover the room/util/water. Decent hotel is $65 a night. I’m way too OCD to ever allow it but interesting to ponder.

janbb's avatar

^^Me too in some ways but this would be very short term and an interesting experiment.

ragingloli's avatar

They would pay with their body.

flutherother's avatar

I let out a small bedroom through Airbnb for a while and charged the equivalent of £450 a month though I would have given a discount for a full month’s rent and another discount if reserved for an acquaintance.

KNOWITALL's avatar

@janbb Hopefully yourhouse is a little roomier than my 3bd 2bath ranch. We tried it once and it drove us crazy.

Blackberry's avatar

$2500. Capitalism for win. Make sure to tell them, “I know what I got.”

jca2's avatar

I haven’t read the previous.

I will tell you what I see on Facebook, around local towns, for renting a room. It’s 1k per month. A studio is about 2k and a one bedroom is about 2500, minimum.

If it was my friend’s husband, I would charge him 800. It’s a good deal for him, with the kitchen and bathroom use.

janbb's avatar

@jca2 That’s the neighborhood I was thinking of.

jca2's avatar

@janbb: I wonder what ballpark your friend is thinking, or if she is totally open to whatever you request.

Demosthenes's avatar

@Blackberry In the Bay Area, that would be considered “affordable housing”.

Only slightly joking.

MrGrimm888's avatar

I would go with a percentage, based on how many people are living there, and how many rooms etc.

In several of my old places, the rent would be around $1,200/month for a 3 bdrm.
The master bedroom people paid the most, as they had a connected bathroom.
The hall rooms, were about 20–30% less.

If someone would rent out our tiny room, we would let them pay like $250/month. The had restroom and kitchen etc access, but it was a tiny room in the middle of the house so it sucked.
It was nice having a little extra money, but everyone in the tiny room eventually got tired of it and left.

Lots to consider.

JLeslie's avatar

Depends what your expenses are. To me this is sort of a kinfolk price situation.

Maybe $500—$600.

jca2's avatar

This is the husband of an acquaintance, which sounds like not a good friend, but an acquaintance.

YARNLADY's avatar

In our area a room with a private bath goes for $800 – $1,000, and even more if it has its own entrance. That includes utilities and kitchen privileges.

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