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How To Save Money On Student Accommodation In 2025

October 24, 2024 3 Mins Read
Updated On: January 7, 2025
tips to save money on student accommodaton

Table of Contents

  • 7 Tips to Save Money on Student Accommodation
    • Start Your Search Early 
    • Consider Sharing Accommodation 
    • Look for University-Managed Housing 
    • Negotiate Your Rent 
    • Choose Location Wisely 
    • Reduce Utility Bills 
    • Utilize Student Discounts 
  • Conclusion 
    • Frequently Asked Questions
      • How can a student save money?
      • How to save money in the UK as a student?
      • How to save on rent in the UK?
      • How can I save pocket money in college?
      • What is the 50-30-20 rule?

Are you looking for affordable student accommodation? Don’t worry. We’ve got you covered. This page will discuss some helpful tips to save money on student accommodation and find low-cost student housing in 2025. Let’s dive in and check these tips to save money on student accommodation. 

7 Tips to Save Money on Student Accommodation

Start Your Search Early 

Do you know why most students end up paying heavy rent? Because they delay so much and by the time they take considers any accommodation, its already too late. Remember the saying, “early to bed, early to rise?” Same goes for finding affordable student housing. The earlier you start, the better your chances are of securing affordable options. Start your search at least 4 to 6 months before your move-in date.  

You can also join University Living website and check for student discounts and offers to find affordable student housing.

Consider Sharing Accommodation 

Here’s another great way of saving money on student accommodation; shared apartments. It is probably one of the best ways to save money on rent. You can share a flat or apartment with a colleague or a friend. Additionally, you can split the rent, utility and grocery costs, and other expenses. Here are some additional benefits of living in a shared accommodation 

  • Splitting internet and utility bills 
  • Lower rent per person 
  • Opportunity to make friends 

It is always important to get to know your potential roommates before committing to a shared living space. 

Look for University-Managed Housing 

Top universities abroad have their own university halls. These are official housing options offered by the respective university. It offers two benefits; low-cost student housing, and on-campus living opportunities. Living on-campus or close to the university campus will also reduce travel costs. Moreover, these properties often include an all-inclusive bill option. It means you won’t be charged any additional money to use utilities. Here are some additional benefits of living in university halls. 

  • No additional utility costs 
  • Proximity to campus (save on transport) 
  • Managed facilities (safer and hassle-free) 

Check with your university for any available student housing options, as they may also have partnerships with private accommodations that offer discounts. 

Negotiate Your Rent 

How good are your in-negotiating rents? When considering affordable student housing, make sure to negotiate with the landlord. There is always room for negotiation, especially when looking for long-term or moving in the off-season. During negotiation, try to ask for a lower price and additional perks; free Wi-Fi, less security deposit, duplicate room keys, etc.  

How to Negotiate: 

  • Show proof of financial stability. 
  • Offer a longer-term lease. 
  • Highlight any references or recommendations from previous landlords. 

Choose Location Wisely 

One of the key factors which affect the accommodation rent is its location. How close the property is to the university, city center, and popular destinations affects the rent, and the entire cost of living.  

Things to Consider: 

  • Accessibility to public transport. 
  • Proximity to grocery stores and amenities. 
  • Lower rent in less central areas 

Properties located on the outskirts usually have a lower rent than those in the city center. If you’re considering these options, make sure they are well-connected with public transportation. 

Reduce Utility Bills 

Here’s another great way of saving money on student accommodation: keep utility bills in check. Regularly check your bills and resources consumption. Small changes in daily habits can make a big difference. 

Tips to Save on Utilities: 

  • Switch off appliances when not in use. 
  • Invest in energy-saving light bulbs. 
  • Monitor your heating—try to keep it low when you’re not home or overnight. 

Try to consider affordable internet connection if it is not included in the rent. You can also use your student ID to get a discount. 

Utilize Student Discounts 

Do you know how to utilize student cards to their full potential? It’s very simple. Reach out to your accommodation to check for exclusive student discounts and deals on rent. Top accommodation platforms like University Living offer exciting student discounts on successful booking.  

Conclusion 

Studying abroad is now affordable. Students can save money on student accommodation by following the seven tips given above. It’s a simple and effective strategy; search early, consider sharing, and keep utility costs low to make the most of your budget.  

Frequently Asked Questions

How can a student save money?

Students can save money by creating a budget, using student discounts, and cooking at home instead of eating out. It’s also helpful to find part-time jobs and limit non-essential spending. 

How to save money in the UK as a student?

UK students can save money by using discount apps like UNiDAYS and Student Beans, opting for public transport or walking instead of taking taxis, and taking advantage of university resources like free events or materials.

How to save on rent in the UK?

To save on rent, consider living in shared accommodation, choosing fewer central locations, and negotiating rent or bills with your landlord. University-provided accommodation can also be a more affordable option.

How can I save pocket money in college?

You can save pocket money by minimizing impulse purchases, sticking to a budget, and making use of free or low-cost entertainment options. Cooking meals instead of eating out can also save a significant amount of money.

What is the 50-30-20 rule?

The 50-30-20 rule is a budgeting guideline where 50% of your income is spent on needs (like rent and groceries), 30% on wants (entertainment or dining out), and 20% is saved or used to pay off debts.

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