Posted on Sunday, August 12, 2007

While traditional Gig Harbor apartment rentals are experiencing a slight dip, student housing is still stable. The average growth rate for all types of student housing has gone up by 7 percent, according to a recent report. The highest increase, from 9 to 13 percent, was seen in homes with +3 bedrooms.

A lease remains by the unit, not the bed, and the majority of leases run the normal year. Gig Harbor homeowners renting to students will find this news beneficial.