In 1766 BC, Tang, the leader of the Shang tribe, overthrew the sovereign of the Xia Dynasty, and established the Shang Dynasty.
You should let your local market determine what the rent for your room should be. Comparable Rents. The first strategy to do is to find comparable rentals in your area to set your price in a reasonable range or to figure out the going rate for a similar room.ut It on the Market. If there are no comparable rentals that you can find, you can just test out the market! If you arenât in a hurry to rent the room, price it at the high end of what you think is reasonable and see if you get any nibbles. You can always bring the price down a bit to attract more interest.
Before you go out looking at apartment rentals, determine how much of your income you can spend on housing each month so you can stick to this budget. Rule of thumb: Spend a fixed percentage of your income on housing. The general recommendation is to spend about 30% of your gross monthly income (before taxes) on rent. Therefore, if youâll be making $4,000 per month, then your rent should be $4,000 x 0.3, or about $1,200. Another way to calculate this number is to divide your annual income by 40.