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Rent is not your only expense when you decide to live off-campus. Financial planning and budgeting is essential. Know what you want, and how much you can spend. Ask yourself:

  • What geographical area do you want to live in?
  • What size apartment do you need?
  • What features or appliances must you have?
  • Should the apartment be furnished?
  • What is the maximum rent you can afford?
  • Does this include utilities?
  • Will you share a place or live alone?
  • Evaluate your answers to determine how realistic your expectations were.
  • Reassess how much you need for apartment hunting, rental and utility deposits, moving expenses and initial repair and decoration costs.