Posted on Tuesday, August 14, 2007

Despite a slight drop in conventional Gig Harbor apartment rentals, student housing remains stable. The average growth rate for every type of student housing has gone up by 7 percent, according to a recent report. The greatest increase, from 9 to 13 percent, was seen in units with three or more bedrooms.

The majority of leases run the traditional 12-months and remains by unit, not by bed. This information proves beneficial for Gig Harbor homeowners leasing to students.