Accommodation is often the second-largest expense for international students after tuition. The good news is that there are several affordable housing options available, depending on your destination, budget, and lifestyle. Choosing the right accommodation can help you save thousands of dollars during your studies abroad.
1. University Dormitories (Student Halls)
University-managed dormitories are usually the most affordable accommodation option for international students. They are often located on or near campus and typically include utilities, internet, and basic furnishings in the rent.
Benefits
- Lower monthly costs
- Utilities often included
- Walking distance to classes
- Easy way to meet other students
- Greater security and student support services
Best For
- First-year international students
- Students on a tight budget
- Those looking for a strong social environment
2. Shared Apartments or Flats
Renting a private room in a shared apartment is one of the most popular choices among international students. You share the kitchen, bathroom, and living areas while having your own bedroom.
Benefits
- More affordable than renting alone
- Greater independence
- Opportunity to split utility bills
- Often cheaper than purpose-built student accommodation
Best For
- Students who want a balance between cost and privacy
- Second-year and postgraduate students
3. Homestays
A homestay involves living with a local family. Rent often includes utilities and, in some cases, meals. This can significantly reduce living expenses while helping students adjust to a new country.
Benefits
- Meals may be included
- Lower food expenses
- Cultural immersion
- Safe and supportive environment
Best For
- First-time travellers
- Students wanting to improve language skills
- Younger students
4. Student House Shares
Many students rent a house together and split the rent among multiple tenants. This is often one of the cheapest off-campus options, particularly in countries like the UK, Canada, and Australia.
Benefits
- Lower rent costs
- Larger living spaces
- Greater independence
- Ability to choose housemates
Things to Consider
- Utility bills may not be included
- Maintenance responsibilities may fall on tenants
- Some landlords require guarantors
5. Purpose-Built Student Accommodation (PBSA)
PBSA properties are privately managed buildings designed specifically for students. While generally more expensive than dormitories and shared houses, they often include all bills, security, study areas, and other amenities.
Benefits
- Fully furnished rooms
- Utilities included
- Student-focused facilities
- High security
Best For
6. Temporary Accommodation Before Finding Permanent Housing
Some students stay in hostels, budget hotels, or short-term rentals for a few weeks after arrival while searching for a long-term option. This can help you avoid signing a lease without viewing the property.
Benefits
- Flexibility
- Opportunity to inspect properties in person
- Reduced risk of accommodation scams
Typical Monthly Accommodation Costs
| Accommodation Type | Estimated Monthly Cost |
|---|---|
| University Dormitory | €250–€500 |
| Shared Apartment | €350–€750 |
| Homestay | €400–€700 |
| Student House Share | Varies by city, often among the cheapest off-campus options |
| Private Studio | €500–€1,200+ |
| One-Bedroom Apartment | €700–€1,500+ |
Costs vary significantly by country and city. Major cities such as London, Sydney, Toronto, New York, and Dublin tend to be much more expensive than smaller university towns.
How to Find Affordable Student Accommodation
- Start searching as soon as you receive your admission offer.
- Apply early for university housing, as spaces fill quickly.
- Consider studying in smaller cities where rents are lower.
- Share accommodation with other students.
- Check whether utilities and internet are included before signing a contract.
- Use verified housing providers and university-recommended accommodation portals to avoid scams.
Best Budget-Friendly Accommodation Choice
If your goal is to spend as little as possible, the typical ranking from cheapest to most expensive is:
- University dormitories
- Student house shares
- Shared apartments
- Homestays
- Purpose-built student accommodation
- Private studios or one-bedroom apartments
However, the best choice depends on your priorities. Dormitories are generally ideal for first-year students, while shared apartments and house shares offer the best balance between affordability and independence.
FAQ
Is on-campus accommodation cheaper than off-campus accommodation?
In many countries, university dormitories are among the cheapest housing options because utilities and internet are often included. However, shared off-campus housing can sometimes be cheaper in smaller cities.
Which countries offer the cheapest student accommodation?
Countries such as Poland, Hungary, Malaysia, Turkey, and some regions of Germany generally offer lower student housing costs compared to the UK, USA, Australia, and Canada.
How early should I book student accommodation?
Ideally, 3–6 months before your course starts. Affordable options are usually booked first.
Is a homestay cheaper than renting an apartment?
Often yes, especially when meals and utilities are included in the monthly fee.
What accommodation option is best for Nigerian students?
For most Nigerian students studying abroad for the first time, university dormitories or homestays are usually the safest and most cost-effective options. After settling in, many students move to shared apartments or house shares to reduce costs further.
