Rent Per Room Formula:
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The Rent Per Room calculation determines how much each room in a shared living space should cost based on its size relative to the total area. This method provides a fair way to divide rent among roommates when rooms are of different sizes.
The calculator uses the following formula:
Where:
Explanation: The calculation proportionally distributes the total rent based on how much space each room occupies in the property.
Details: This method ensures fairness when rooms are different sizes. Larger rooms pay more, while smaller rooms pay less, proportional to their actual space.
Tips: Enter the total monthly rent, the area of the specific room in square meters, and the total area of all rooms combined. All values must be positive numbers, and room area cannot exceed total area.
Q1: Should common areas be included in the calculation?
A: Typically, only private room areas are used, but some groups choose to include common areas in the total area calculation.
Q2: What if rooms have different amenities?
A: This calculator only considers size. For rooms with special features (private bath, balcony), you may need to adjust the calculation manually.
Q3: How precise should the measurements be?
A: For fairness, measure rooms accurately to the nearest 0.1 square meter if possible.
Q4: Does this work for commercial spaces?
A: Yes, the same principle applies to office or retail space division.
Q5: What if utilities are included in rent?
A: You may want to split utilities evenly while using this method for the base rent, or include utilities in the total rent amount.