2015 – 2016 Living Off Campus Trends

According to Colleges.Niche.com 74 percent of University of Tennessee at Knoxville undergraduate students are living or plan to live off campus. Across the country, the number of students choosing to live off campus has continued to grow. Analysts believe that this growth will be sustained or increase as the cost of tuition and on-campus housing continues to rise. To help you prepare for the 2015 – 2016 school year, we have gathered together a few statistics that will help you to better determine if living off campus is the right decision.

Off Campus Trends at the University of Tennessee at Knoxville

Knowing where your classmates and friends are going to live is often a big factor in determining if moving off campus is the right choice for you. Finding out what your friends are going to do is as easy as picking up the phone, sending an email, or signing onto one of your social media accounts. But, discovering where your classmates are going to live can be a bit of a challenge. Below are a few statistics that can help you best determine where undergraduate students will be living during the 2015 – 2016 University of Tennessee, Knoxville, school year.

An estimated 74 percent of undergraduate students will choose to live off campus.

The average off campus room and board (or rent) is estimated at an annual rate of $9,170. It is important to note that the annual rate will vary depending on the amenities that the building provides, if there is any special leasing deal, as well as the length of the lease.

Most students like to start looking for a place to live in January, this way they can scout places during the spring semester and sign a summer lease for the upcoming fall school year.

University of Tennessee, Knoxville, students prefer to live close to the campus so that freedom can be experienced, while still easily making it to classes and on-campus activities.

The projected average rates are:

1. 1 BR: approximately $550 per month.
2. 2 BR: approximately $700 per month.
3. 3 BR: approximately $850 per month.
4. 4 BR: approximately $1,150 per month.

With these statistics in mind, you will be better equipped to decide if you want to join your classmates in living off campus. It is important to remember that housing prices will vary depending on the number of vacancies, time of year, building amenities, and your chosen floor plan. In addition, you will want to remember to calculate the cost of food, transportation (if applicable), and other basic necessities for each month. These additional costs are an important part of your budget and should not be forgotten when you are deciding where to live off campus.

The Standard at Knoxville provides students with a variety of off campus living solutions. From large floor plans to flexible leases, The Standard at Knoxville is a luxury student housing complex that is an ideal choice for University of Tennessee at Knoxville graduate and undergraduate students. Contact a leasing specialist to learn more about leasing a new apartment in the upcoming school year.