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How to Price a Room for Rent - Evolving Personal Finance

How to Price a Room for Rent - Evolving Personal Finance

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Next year when Kyle is living Elsewhere (TBD), we plan to both have roommates to keep our cost of living low, just like before we were married. That means that we will rent out one of the bedrooms in our current townhouse to another woman. We haven’t quite decided which room to keep since they are quite different in size – the larger one would be better if Kyle is spending a good amount of time in town still, whereas I would prefer to live in the smaller one if it’s just me nearly all the time. I want to come up with a fair way to price each bedroom for rent, because 1) we’re renters and just because we were here first doesn’t mean we should get the better deal and 2) I’m not sure which bedroom to take so I want to generate prices for both. I admit that with