How much should I budget for monthly rent if I live near University of Pennsylvania?
Near University of Pennsylvania, you can expect monthly rent between USD 850 and USD 1050, depending on the type of apartment you choose. Studios, three and four bedroom units, and shared apartments are all available, most within easy reach of public transit, air conditioning, and secure entry.
If you are budgeting for your MBA at University of Pennsylvania, housing will be one of your biggest monthly costs. Knowing the typical rent range helps you plan realistically before you arrive.
University of Pennsylvania Student Housing and Living Costs
| Expense | Amount |
|---|---|
| Monthly rent | USD 850 to 1050 |
| Hostel and meals (estimated) | INR 14L |
| Insurance | INR 3L |
| Transportation | INR 73K |
| Books and supplies | INR 5L |
| Personal expenses | INR 3.4L |
| Total (excluding tuition) | INR 27L |
What Your Rent Gets You
Rentals near campus range from studio flats to larger shared apartments, and most come with renovated kitchens, central heating and cooling, and secure building entry. Many are also close to public transit, which can cut down your daily commute costs.
My Advice
Factor rent into your total cost of living, not just tuition, before you commit. Look into shared apartments if you want to bring your monthly housing cost toward the lower end of that range.
How much will a month in the USA cost you?
Rent, food and travel. A real monthly budget, city by city.
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