Despite a slight dip in typical Irvine apartment rentals, student housing remains stable. The median growth rate for every form of student housing has gone up by 7 percent, according to a recent report. Properties with +3 bedrooms have experienced the greatest increase, from 9 percent to 13 percent.
A lease remains by the unit, not the bed, and the majority of leases run the traditional 12-months. This news proves valuable for Irvine homeowners renting to students.
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