The area that you live in will determine how much the total rent is, and the number of people living in the house will determine how many times the rent is split—the more people you squash into a house, the cheaper your share.
This is a good economical option if you have a few good friends who are also looking to move out, and who you could see yourself living with happily. There’s an old saying that you don’t really know anyone until you’ve lived with them. It certainly applies to sharing accommodation with friends. Be prepared to accept that living together can actually destroy a friendship.
Jake or Melinda might be the best friend you’ve ever had—but it’s not until you live with someone that you really find out about their annoying habits, or that they don’t do their fair share of the chores or pay their share of the expenses on time. Those little annoying habits your friends have got that haven’t bothered you in the past because you’ve been able to walk away and go home are something you’ll have to live with if you’re flatting together.
So choose flatmates carefully. On the other hand, I know plenty of friends who have flatted together very successfully because their friendship has meant that when they had any problems with each other they were comfortable talking about them.
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