I know I have one, but I'll be damned if I'm lugging that thing home for a few days, plus the hassle of connecting and disconnecting it in my apartment. They also don't rent these things anymore.
We purchase one this holiday (probably on sale!) and split however many ways. It should be about $225 (or less) with four controllers. We would then be joint owners of the xbox, and can vote on where to keep it, preferably somewhere accessible like one of our houses, or we can bury it somewhere.
Think of it like a partnership or cooperative. Our individual liability would be something like $45 if just 5 of us go in on it!
Tell me if you're in or not, or if you have a better idea.
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