Real Estate and Housing

Student Housing Budget Tips

Keep housing costs manageable by considering options like living farther from campus or sharing housing with roommates. Financial Aid budgets $1650 per month for housing based on double occupancy. Staying within your student budget now can help you build financial habits that make it easier to avoid overspending once you are earning a professional salary.

Renting offers flexibility with predictable monthly payments while the landlord is responsible for maintenance and repairs. Buying provides long-term stability and the opportunity to build equity, but comes with greater financial responsibility, including repairs and maintenance. Most students rent while in school due to the flexibility it provides.