Financial situations can dictate how much you can spend per month on bills. Most apartment renters are students or single citizens who cannot afford to pay their housing bills on their own. It is more practical for them to simply pay their monthly bills until they reach the stage of life of purchasing a home. The owners are most often families or single individuals who are very advanced in their careers and lives. Families typically have two people earning an income, which makes paying bills worth $1,400 a day much more comforting.