Split Rent Calculator
Divide rent fairly between housemates and see each person's weekly and monthly share.
Split Rent Calculator
Divide rent fairly among roommates or housemates
Rent & Roommates
Total Rent
Cost Per Person
Each person pays (weekly)
$250.00
Monthly
$1,083.33
Yearly
$13,000.00
Total split: 2 people × $250.00= $500.00
Fair Splitting Tips
This calculator assumes an equal split. If one person has a larger or master bedroom, consider adjusting the split to be proportional. Fairness is key to maintaining good roommate relationships and avoiding financial disputes!
Methods for splitting rent
- Equal split: total rent divided by the number of people. Simple and best when rooms are similar.
- Room-size split: each share is proportional to the room's floor area.
- Amenity adjustment: add or subtract for en-suites, balconies, parking or noise.
- Income-based split: shares match each housemate's income.
Splitting bills as well as rent
Agree up front how electricity, gas, internet and bond are shared. Bond is usually paid in the same proportions as rent, and each person gets their share back when the bond is released.
Frequently asked questions
How do you split rent fairly between housemates?
Start with an equal split, then adjust for room size, en-suites, balconies and parking. A common approach is 10 to 15% extra for the master bedroom with an en-suite.
Should roommates split rent by room size?
It is fairer when rooms differ a lot. Weight each room by floor area, then adjust for features such as a private bathroom, built-in robes or natural light, and agree the numbers before signing the lease.
How do I split rent when housemates earn different amounts?
Some households split rent in proportion to income so everyone spends a similar share of earnings. Agree this openly, and revisit it when anyone's income changes.
Who is responsible if a housemate does not pay their share?
If everyone is on the lease, each tenant is typically jointly liable for the whole rent. Check your state tenancy rules and consider a written housemate agreement.
Related guides
More rent calculators
- Weekly to Monthly Rent Calculator - Convert weekly, fortnightly, monthly and yearly rent
- Rent Affordability Calculator - Check rent against income with the 30% rule