Posted on Tuesday, October 30, 2007

While conventional Gig Harbor apartment rentals are experiencing a slight dip, student housing is still steady. According to a recent report, the median growth rate for every form of student housing has gone up by 7 percent. Properties with +3 bedrooms have experienced the highest increase, from 9 percent to 13 percent.

The majority of leases run the usual 12-months and remains by unit, not by bed. Gig Harbor homeowners renting to students might find this news beneficial.