These bunk beds rent for $1.2K a month \u2014 ramen and toilet paper included

This may sound like a hostel for young Euro-trippers: bunk beds, access to Wi-Fi, a communal atmosphere that allows you to socialize and, hey, even toiletries included in the cost.

But this isn’t a quick stay — it’s for living. Believe it: This California-based chain of communal PodShare homes is largely for millennial residents, who lease bunk beds — privacy not included — for $1,200 per month, CNN reports.

PodShare, which has five locations in Los Angeles and one in San Francisco, was founded in 2012 and aims to provide affordable housing in those high-cost cities. The company calls this setup “co-living” and refers to the beds as “pods.” For $1,200 monthly, with no deposit or commitment, tenants receive a locker and pod with a shelf and television. (Note: Nightly rates of $40 to $60 are much more affordable than standard hotel and AirBnB price points.)

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It’s flexible with perks — including ramen noodles and toilet paper — included in the price, but images of PodShares show open-air bunk beds in which residents can surely hear, and see, everything around them. But residents, including 27-year-old San Franciscan Stephen T. Johnson, tell CNN the lack of privacy is a simple trade-off.

“I had a micro studio that was $1,750 per month,” says Johnson, who runs an advertising company for Instagram influencers. “It was less than 200 square feet. This is actually a luxury and costs less than the place that I lived a couple blocks down the street.”

Johnson has lived there for five months and uses that PodShare location as a live/work space.

“I think anyone that’s staying in arrangements like this is just early to a new form of housing,” he says. “There’s so many different living arrangements and I think this will just be one of the available options to everyone in the future.”

Another San Francisco PodShare resident, 23-year-old software engineer Rayyan Zahid, says privacy just isn’t a priority right now.

“What does matter is if I’m in the right place and surrounded by the right people and if it is efficient,” he says.

Elvina Beck, 34, founded the company to provide housing solutions for people — the typical age range is late 20s to early 30s — with few options. Eventually, she wants to take things nationwide — and worldwide — with memberships for residents who constantly travel, so they can shack up in any city they end up in.

For now, though, residents must adhere to house rules. The lights go out at 10 each night, and no guests are allowed inside.

“You can’t invite any friends over,” Beck tells CNN. “Sorry, just make new ones here.”