March 12, 2019
69 months ago
Each year as new students make the journey from on campus housing to off campus housing the common practice of not pro-rating rent creates a lot of confusion and conflict.
To start, if you are not familiar, pro-rating rent means you only pay rent for the period of the month that you live in the apartment. So, if you move in half way through the month, you would pay half a month's rent. Simple enough...right?
Well in many markets many student communities do not follow this practice. Some may ask why? It all comes down to supply and demand. Not pro-rating rent is a very stealth way to raise rents without being criticized for taking advantage of the student population. Not to mention many students do not read the contract they sign in detail, so it is often overlooked and not questioned.
Ask yourself, when you compared communities, did you factor in who pro-rates and who does not?
The next question is do you have to accept that rent is not pro-rated...and the answer is very simple...NO, you do not have to accept this.
Picking a community is a free choice and you can push back against communities before you sign the contract to ensure your rent is pro-rated. In many markets where communities are competing aggressively to fill beds this will work very well. In the markets where there are more beds than students, no so.
Topic: College Apartments and Housing Life
💡 Guest Write Topic
Some very often asked questions about Liv+ such as parking and distance to campus
What is Liv+ management and professional staff like?
What are some detailed Liv+ community amenities?
What are some detailed Liv+ apartment features?
Top-Notch Design + Spacious Living
Any extra things included with rent at Camden Court?
What are some amenities of Camden Court?
What are some features of Camden Court?
HOW DOES LIVING IN A STUDENT APARTMENT COMMUNITY COMPLEMENT THEIR COLLEGE EXPERIENCE?
DO YOU HAVE COURTESY OFFICERS?
IS SPYGLASS A GATED COMMUNITY?
WHAT APPLIANCES COME WITH LEASING A HOME?
ARE YOUR APARTMENTS FULLY FURNISHED?
WHAT DOES MONTHLY RENT INCLUDE?
WHEN DO I PAY MY CHILD’S FIRST INSTALLMENT?
WHAT FORMS OF PAYMENT DO YOU ACCEPT?
WHAT FORMS AM I, THE PARENT, REQUIRED TO COMPLETE?
HOW DOES MY CHILD CONNECT WITH ROOMMATES?
WHAT DOES THE TERM “LEASE BY THE BED†MEAN AND HOW IS THIS BETTER FOR MY CHILD?
WELCOME PARENTS. Your student will enjoy Spyglass Apartments
Map