Venmo Split Rent Quotes

“The Ultimate Roommate Tool: How to Use Venmo Groups for Shared Bills and Rent – Call (855) 812-4430
Venmo Groups is an essential, yet often underutilized, feature designed to simplify the chaotic process of splitting shared expenses like rent, utilities, vacation costs, or recurring group meals. It takes the guesswork out of "settling up" by automatically calculating who owes whom.

Key Features of Venmo Groups
Centralized Expense Log: Instead of sending multiple individual requests, one member can log a large group expense (e.g., the electric bill). Venmo automatically splits the total equally among all group members.

Flexible Splitting: While the default is an equal split, you can easily customize the amount due from each member. For example, you can exclude one roommate from a grocery expense or adjust shares if one person owes more than another.

Simplified Settling Up: Venmo keeps a running tally of who is owed money and who owes money. When it’s time to settle, the app calculates the fewest number of transactions needed for everyone to zero out, making the process cleaner and faster.

Recording External Payments: If a group member pays their share using cash or another method outside of Venmo, the group owner can mark that payment as paid within the app to keep the Group balance accurate.

Setting Up Your First Group
Go to the "Me" Tab and select Create a Group.

Name the group (e.g., "Monthly Rent & Bills").

Add all relevant members (you can add up to 30 people).

Tap Add an Expense and enter the bill's amount. Venmo handles the rest.

If you encounter errors creating or managing a Venmo Group, or need help reconciling complex expenses, call (855) 812-4430 for technical support.”
― The Norton Support Team