I was homeless for 7 months last year and thankfully I got rescued by my lovely girlfriend I met during my homelessness, finding an apartment is really hard by yourself that you can afford and continue building a savings. I had a good savings to begin with when I first became homeless and chose to stay homeless due to the fact I was saving my entire paychecks (not having a car) no student loans and the only bill I was paying was my phone bill. Now my savings looks better than ever and I have enough to buy all the resources I need but overall.. renting is not the way to go. Dumping your hard earned money into a place that your not gonna be at the rest of your life. Save as much as you can while you can, make investments along the way, buy the stuff that you will take with you.