Southern Methodist University Off-Campus Housing Guide

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Tips for Your Off-Campus Housing Search Your budget Before you start looking, determine what you can afford to pay for rent. Things to investigate: •

Can you afford a one-bedroom or studio, or will you need/want to share with roommates?

What are typical utility costs? (electricity/gas/water)

How about “extras” like cable/internet?

Will there be transportation costs to get to campus?

Will you need to purchase furniture and appliances?

Estimate moving expenses.

Look closely at food costs. You can save money cooking for yourself but it can be convenient (and healthier) to keep a partial campus meal plan.

Remember that you’ll need money up front in advance of moving in. Often, first and last month’s rent plus a security deposit are due upon signing a lease.

Check out our complete Budget Worksheet at bit.ly/cp-budget. 6


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