Many options are available when it comes to college students and where they will live. While many of them live on campus their first year, off campus student housing becomes more common as they progress throughout their programs. Questions about what may be the most affordable option, in the long run, bring up local commercial real estate options like apartments and rental homes. Off campus housing choices tend to come along as students make their way out into the world, growing up a little more and finding the ability to choose their own homes shared with friends.

Moving from Campus Housing to Off Campus Student Housing

College campuses are extremely dense today when it comes to the availability of housing on campus. Most students usually choose to stay on campus only for their freshman year, with many local real estate choices available for the rest of their time in school. Different options include areas surrounding college campuses, with apartment complexes, meet many housing needs for students all throughout school, along with rental homes that provide group housing for multiple students together. Many of those apartment complexes, at least within a certain distance of campus, are meant for rent to students only. Student housing options like this are intended to help for the safety of residents from other potentially risky adult residents.

As mentioned previously, larger groups of students to rent houses that are near campus. Similar to the many fraternities’ and sororities’ houses usually right on campus, there are often a number of houses close to campus that are purchased at one point by real estate investors for steady rental. Living like a family with close friends made during their college years, student housing options that include a home often provide more collaborative expenses costing each individual student less in bills.

College Campuses and The Impact Upon the Real Estate Market

Although there isn’t much that any student would see of the real estate industry while in school, as a student working with real estate agents and property managers looking for the right apartment it may seem appealing as a career as well. Seeing real estate agents that focus on an area of rental properties for students, where they are able to make large commissions, a number of students see this as a potential to enter the work world chasing down the real estate license and the big dollars. While realtors are able to make money off the campus area and student housing options, they are also able to bring successors into their firms to add to the business.

There is so much to see from off campus student housing and what it has to offer for the college kids as well as the real estate industry. With all of the housing options available the college town is a great market for the realtor, while the growth of those towns means the real estate numbers will continue to grow in those areas as well.