{"id":1473,"date":"2016-04-02T13:34:30","date_gmt":"2016-04-02T13:34:30","guid":{"rendered":"https:\/\/www.torontorentals.com\/blog\/?p=1473"},"modified":"2016-07-06T18:06:26","modified_gmt":"2016-07-06T18:06:26","slug":"is-student-housing-better-than-renting-an-apartment-in-toronto","status":"publish","type":"post","link":"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto","title":{"rendered":"Is student housing better than renting an apartment in Toronto?"},"content":{"rendered":"

For students, just one of the major decisions to make when you get accepted to university is where to live: In student housing, or in an off-campus apartment.<\/p>\n

Which is better?<\/p>\n

Obviously, there are pros and cons to each. So we broke down the costs, drawbacks and benefits to each options so you can decide what’s best for you.<\/p>\n

Student Housing\/Residence<\/h3>\n

Cost<\/em>: $2,000\/month, including a meal plan and utilities<\/p>\n

*about $16,000 for the 8-month school term at U of T<\/a><\/p>\n

Pros:<\/span><\/h4>\n
    \n
  • close to class<\/li>\n
  • surrounded by fellow students<\/li>\n
  • parties<\/li>\n
  • meal plan = no cooking<\/li>\n
  • no apartment hunting required<\/li>\n<\/ul>\n

    Cons:<\/span><\/h4>\n
      \n
    • limited interaction with non-students<\/li>\n
    • you’re always at school<\/li>\n
    • parties<\/li>\n
    • no kitchen = no cooking<\/li>\n
    • 8 months only. If you plan to work for the summer, find somewhere else to live<\/li>\n
    • very small space<\/li>\n
    • can’t choose your roommate<\/li>\n<\/ul>\n

      Renting an Apartment<\/span><\/h3>\n

      Cost<\/em>: $800\/month, not including meals or utilities<\/p>\n

      *sharing a 2-bedroom apartment with a roommate; including meals and utilities, est. $1,240\/month<\/p>\n

        \n
      • Internet: $40\/month<\/li>\n
      • Utilities: $100\/month<\/li>\n
      • Groceries: $300\/month<\/li>\n<\/ul>\n

        Pros:<\/span><\/h4>\n
          \n
        • choose your location in a neighbourhood you like<\/li>\n
        • meet your neighbours<\/li>\n
        • have your own food, ability to cook and eat healthy<\/li>\n
        • 12-month lease, great if you’re staying for the summer<\/li>\n
        • choose your roommate<\/li>\n
        • choose what you pay for rent<\/li>\n<\/ul>\n

          Cons:<\/span>
          \n<\/span><\/h4>\n
            \n
          • buying groceries, cooking<\/li>\n
          • apartment hunting<\/li>\n
          • travel to get to class<\/li>\n
          • fluctuating cost of utilities<\/li>\n<\/ul>\n

            Deciding between student residence and an apartment? Which would you choose? Add your own considerations in the comments below!<\/p>\n","protected":false},"excerpt":{"rendered":"

            For students, just one of the major decisions to make when you get accepted to …<\/p>\n","protected":false},"author":26,"featured_media":1476,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"coauthors":[220],"class_list":["post-1473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rental-guides"],"yoast_head":"\nIs student housing better than renting an apartment in Toronto?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"TorontoRentals.com Blog\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto\"},\"author\":{\"name\":\"TorontoRentals.com Blog\",\"@id\":\"https:\/\/www.torontorentals.com\/blog\/#\/schema\/person\/53503b1c0fd1a6bc186b273abbee8d44\"},\"headline\":\"Is student housing better than renting an apartment in Toronto?\",\"datePublished\":\"2016-04-02T13:34:30+00:00\",\"dateModified\":\"2016-07-06T18:06:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto\"},\"wordCount\":246,\"image\":{\"@id\":\"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.torontorentals.com\/blog\/wp-content\/uploads\/canada-1184338_1920.jpg\",\"articleSection\":[\"Rental Guides\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto\",\"url\":\"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto\",\"name\":\"Is student housing better than renting an apartment in Toronto?\",\"isPartOf\":{\"@id\":\"https:\/\/www.torontorentals.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.torontorentals.com\/blog\/wp-content\/uploads\/canada-1184338_1920.jpg\",\"datePublished\":\"2016-04-02T13:34:30+00:00\",\"dateModified\":\"2016-07-06T18:06:26+00:00\",\"author\":{\"@id\":\"https:\/\/www.torontorentals.com\/blog\/#\/schema\/person\/53503b1c0fd1a6bc186b273abbee8d44\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto#primaryimage\",\"url\":\"https:\/\/www.torontorentals.com\/blog\/wp-content\/uploads\/canada-1184338_1920.jpg\",\"contentUrl\":\"https:\/\/www.torontorentals.com\/blog\/wp-content\/uploads\/canada-1184338_1920.jpg\",\"width\":1920,\"height\":1285},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.torontorentals.com\/blog\/is-student-housing-better-than-renting-an-apartment-in-toronto#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Toronto Rentals Blog\",\"item\":\"https:\/\/www.torontorentals.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rental Guides\",\"item\":\"https:\/\/www.torontorentals.com\/blog\/rental-guides\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Is student housing better than renting an apartment in Toronto?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.torontorentals.com\/blog\/#website\",\"url\":\"https:\/\/www.torontorentals.com\/blog\/\",\"name\":\"Toronto Rentals Blog\",\"description\":\"Looking for an apartment in Toronto? 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