University life is a special chapter that leaves a lasting impression. For many students, relocating to a different city becomes essential when their desired degree programme isn’t available locally. But before making the move, one key question often arises: Is it better to rent a shared flat or live in student accommodation? Below, we explore the pros and cons of each option to help you make the right choice for your university experience.
What is student accommodation?
This type of accommodation is purpose-built for students, often situated close to universities or educational institutions. It usually offers single or shared rooms, along with communal spaces such as dining halls, study rooms and recreational areas. The result is a living environment that is academic, social, enriching and conducive to building a strong sense of community.
Is student accommodation or a shared flat better?
The answer to this question depends on several factors, as both options have their advantages and disadvantages. For instance, student residences typically offer a range of services designed to make life easier for students, such as cleaning, meals, and laundry. In contrast, tenants in a shared flat must take care of these tasks themselves.
On the other hand, renting a room in a shared flat also has its benefits, such as greater privacy, the flexibility to add or modify clauses in the rental contract, a sense of freedom, and the feeling of being at home. It can also foster camaraderie among flatmates – although, in some cases, cohabitation may lead to conflicts and have the opposite effect.
Pros and cons of student accommodation or a flat
Why live in a shared flat? Why live in student accommodation? The following table lists the pros and cons of both options:
| Student accommodation | Shared flat | |||
| Pros | Cons | Pros | Cons | |
| Price | All-inclusive rates, no unexpected costs | It may be more expensive than a shared flat | Generally cheaper | Additional expenses for services and maintenance |
| Amenities | Access to facilities such as a gym, laundry and dining room | Less personal space | More personal space and you can choose your flatmates | You're responsible for looking after the space |
| Socialisation | Easy socialisation with other students | Strict rules on hours and visits | Flexibility in household rules | Risk of conflicts with flatmates |
| Privacy | 24/7 security and reception staff | Less privacy | More privacy | Bigger security concerns |
| Location | Location generally close to the university | Less flexibility to customise the space | You can choose a specific location | The location may not be ideal for students |
| Responsibility | Less responsibility for maintenance | Noise and distractions due to community life | Experience more independent living | Greater responsibility for household chores |
How much does student accommodation and a shared flat cost?
The financial aspect is a key factor for many when deciding between student accommodation and a shared flat.
According to the specialist student accommodation portal dondememeto.com, the average monthly cost of a student residence in Madrid in 2024 is between €950 and €1,050. This amount can vary depending on whether services such as cleaning or meals are included.
Shared flats, on the other hand, tend to be more affordable, as you typically rent a single room. However, they generally do not offer the same services or level of security as a residence, and you are usually responsible for covering additional costs such as electricity, Wi-Fi, and water. In Madrid, for example, the average monthly rent for a room in a shared flat is around €525.