Top ways to save money on student rentals

You can save money on student rentals by sharing with others, watching how much energy you use and renting further from the university or college.

Opt for university halls which can be cheaper

University-owned accommodation or purpose-built halls can sometimes be more affordable than private rentals. Additionally, these often include bills, reducing the risk of unexpected utility costs.

Choose shared accommodation

Sharing with others can reduce your rent and utilities cost significantly. Instead of a studio or one-bedroom flat, consider a shared house or flat with other students. Look for online groups where students post shared housing opportunities.

Look for all-inclusive rentals

Some rentals include bills for gas, electricity, and internet, which can simplify budgeting and potentially save money if energy prices fluctuate. Be sure to ask what’s included when viewing the properties. University housing is constantly in demand. According to Scottish Housing News, the University of Edinburgh is to spend £6.9 million to refurbish an accommodation block which is home to almost 250 students.

Rent slightly further from the campus

Properties closer to universities are often in high demand and priced accordingly. Living a little further away can lower your rent significantly. Check transport links to ensure buses and trains are convenient and affordable for you. There is a wide range of student accommodation Leicester, including https://www.westmanorstudentliving.co.uk/, which offers a comfortable and convenient home from home option.

Negotiate the rent with the landlord

Don’t hesitate to negotiate the rental price. Some landlords or agents might be open to reducing rent, especially if you’re committing to a longer lease or signing outside peak rental times.

Think about your utility usage carefully

If the bills aren’t included, be mindful of your energy and water usage. Small steps like turning off lights, using energy-efficient bulbs, and managing your heating carefully can reduce your bills.

Take advantage of student discounts

Some rental companies and service providers offer discounts for students, especially for bills like broadband. You can browse online and this can help you find deals on essentials like utilities, and even food, clothing and shoes.