Apartment True Cost Calculator

The rent is never the whole story. Add every cost to see what you're actually paying — and compare two apartments side by side.

// Monthly costs

Listed rent

Utilities (electric, gas, water)

Avg $80–$160/mo

Internet

Avg $50–$80/mo

Parking

$0 if included, $50–$200 if not

Laundry (in-unit vs. coin)

$0 if in-unit, $30–$60/mo if coin

Pet fee / pet rent

Renter's insurance

Avg $15–$25/mo

Storage unit

Extra commute cost vs. current

If this place adds commute time/cost

Gym in building?

If yes, saves you a gym membership

Gym membership (external)

$30–$100/mo

True monthly cost

$2,045

14% more than the listed rent

Listed rent$1,800

Add-on costs$245

Annual true cost$24,540

// The hidden costs of "cheaper" apartments

🚗No parking included can add $100–$200/mo — that $1,600 apartment might actually cost $1,800

🧺Coin laundry adds $40–$60/mo and hours of your time every week

🚇One extra metro stop can add $60–$100/mo in commute costs

❄️Older buildings have higher utility bills — ask about last year's average

Get the Apartment Hunting Checklist

23 things to ask before signing any lease.