Housing Costs

Below is a list of expected housing costs:

gdot

Rent

 

Rents in the neighborhoods surrouding the University obviously vary from one unit to another, however, expect to pay between $750 to $1300 per month for a one-bedroom apartment, and around $600 per month for a room in a shared apartment.

gdot

Security Deposit

 

In addition to the first month’s rent, a security deposit, equal to one or two month’s rent is often required. Your security deposit will be returned after you vacate the apartment, granted you have left it clean and in good condition.

gdot

Deposit

 

A deposit is sometimes requested to hold an apartment until credit checks and/or employment verification can be completed.

gdot

Realtors

 

If you rent through a realtor, they may charge an application fee (generally less than $50) or have you pay for the credit check.

gdot

Payments

 

Use personal checks, money orders, or traveler’s checks for deposits or payments. A money order can be purchased at banks or an official U.S. Post Office for a small fee.

gdot

Utilities

 

When considering an apartment where the utilities are not included in the rent, you may want to inquire about the cost of a typical winter heating bill before signing your lease . This will help you understand the full costs of the rental.

gdot