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Ron Leshnower

Saving Money by 'Tripling Up'

By , About.com GuideOctober 1, 2009

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Apartment dwellers across the United States have been "tripling up" to save money, according to a recent survey by MyNewPlace.com of its own search data. Rather than live alone in a one-bedroom apartment, the data suggest that an increasing number of tenants have been searching for three-bedroom apartments instead, which they would occupy with two other roommates.

The survey's data includes a sample of nearly 10 million searches for one-, two-, and three-bedroom apartments on the site between January 2008 and June 2009. Each quarter, the percentage of three-bedroom-apartment searches increased as one-bedroom-apartment searches fell.

Have financial concerns led you to live with roommates? If you're currently living with roommates, is it just to save money?

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(Photo © Digital Vision / Getty Images)

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