Get free, no obligation quotes from multiple providers

State Farm Insurance Allstate Insurance Farmers Insurance American Family Insurance Unitrin Insurance Travelers Insurance


Renting out a spare room in your home is an excellent way for homeowners to make a little extra money on the side. It can also provide an affordable and convenient way to live for renters looking for short term accommodation away from their regular home. Students, travelers, overseas visitors and newcomers to town can benefit from renting a spare room in a rental house. However, before you move your stuff in, make sure you know what you are getting yourself into.

Share Rooms in Family Homes

If you are renting out a spare room in a rental basement apartment then you need to remember that, while you will have your own room, you will also be sharing the living space with the other people in the home. In some instances this may be a family while in other instances it will be several other renters in the same situation as you. Either way, you need to find a way to work together and share this living space.

If you are renting a room from a family then you may begin to feel like part of them. You may enjoy dinners as a family and you may spend time with the kids or parents. There is nothing wrong with this. Renting a spare room out in this type of situation is often referred to as living with a ‘host family’ and is common for students and overseas visitors, especially those that speak another language and are looking to immerse in the culture.

Spare Rooms in Share Houses

Another option is to rent a room in a share house or shared accommodation which means you will be renting a room in a house with other people in the same situation. This is more popular for newcomers, residents and students looking to escape the ‘family’ scene of living with Mom and Dad. You and the other renters will each have your separate room but will all share the other parts of the house. This means you will share the television, the fridge, the dining area and the bathroom facilities.

Renting a room is a lot cheaper than renting out an entire apartment, even if the apartment is a studio. This is because you are sharing the main facilities with several other people. Another benefit to living in a spare room is that you will most likely also have a place to park your car which is often hard to find if you are renting an apartment in the city.

When looking for a spare room in a rental house you need to consider what is included in the price. Will you be responsible for the upkeep of the house or just your room? Will you need to pay for electrical bills and help with the landscaping or are you just responsible for the rent and that’s it? Does the spare room come with a phone jack or internet connection? Are there animals allowed in the rental house? All of these things need to be considered when checking out spare rooms for rent.

Renting a room as opposed to an apartment provides new renters with an excellent opportunity to live on their own without the huge living expenses and responsibility that comes with renting an apartment to themselves. You will be able to work, play and study in your own private space. Rental house spare room accommodation also allows you to connect with the other people living in the house, whether they are renters in the same situation as you or a family looking to make a little extra money. Either way, it’s a win-win situation for everyone involved.

Learning Center