At uni I had at least one bike in my study bedroom. First year it lived in a bike bag with wheels off, I used to clean it in the kitchen. Initially my housemates copmplained then they realised that the only time the kitchen ever got cleaned was when I swept all the rice, pasta and fag ends off the floor at the same time as sweeping all the mud up! 😉
2nd year I had a huge room so no probs there but in my final year I had the MTB propped vertically at the end of the bed and held there by a toestrap around the front wheel and waterpipe! The road bike lived under the desk, wheels off, it fitted perfectly! 🙂
There's always ways round it and so long as you're careful with cleaning and storing them there shouldn't be a problem.