The lovely rental experts at Lovely have crunched the numbers to find out just how much you can save by living with roommates in every part of Los Angeles. You'll save a bundle anywhere in the county shacking up with three other people in a four-bedroom (39 percent savings) or four people in a five-bedroom (38 percent)--but having loads of roommates is also the trick to making certain superhot neighborhoods (Silver Lake, Venice) relatively affordable. (This is not a total no-brainer; in some places the premium on more bedrooms is enough to make roommates not worth it.) Here's the breakdown on what you can save by neighborhood:
Beverly Hills: A one-bedroom has a median rent of $2,255. You'll save 56 percent on rent living with four roommates (median rent per person for a five-bedroom: $999) and 45 percent with three ($1,249).
Downtown: A one-bedroom has a median rent of $2,026. You'll save 67 percent living with three roommates (median rent: $664), 50 percent with two roommates ($1,005), and a still pretty respectable 30 percent with just one roommate ($1,423).
Echo Park: A one-bedroom has a median rent of $1,415. You can get a five-bedroom house and with four roommates you'll save 52 percent ($680); with one roommate you'll still save 35 percent ($920).
Hollywood: A one-bedroom has a median rent of $1,588. You'll save 37 percent with three roommates ($1,008), but only 23 percent with just one ($1,217).
Los Feliz: A one-bedroom has a median rent of $1,443. Not a ton of savings to be had in Los Feliz--one roommate will save you 25 percent ($1,084) and four will save you nothin'.
Melrose: A one-bedroom has a median rent of $1,686. Two roommates will save you 33 percent ($1,138), but three will save you a measly one percent.
Silver Lake: A one-bedroom has a median rent of $1,388. Four roommates will save you 34 percent ($922) and just two will save you 32 percent ($934).
Venice: A one-bedroom has a whopping median rent of $2,376. One roommate is the best bet, saving you 34 percent ($1,580).
West Hollywood: A one-bedroom has a median rent of $1,835. Three roommates will save you 37 percent ($1,163).
· Searching for Your Dream Home in LA on a Budget? Live with Roommates! [Lovely]