Our staff here at ACT was curious about how common are some of these emerging trends in the landscape of students housing in Urbana Champaign. Are pets welcomed? Penthouse available? Bonuses for referrals offered?
About 90% of the housing companies we surveyed offer referral bonuses. Most are in the form of a credit applied towards the referring tenant’s rent. These referral bonuses range from $50 to $300 and they can be either a fixed amount/rent-credit or a sliding scale based on how many referrals the tenant made. The more referrals you make the more the bonus per referral you get. To us it sounds a like a great way to get a discount while making sure your best friends are right next door to you.
Speaking about friends we were wondering how welcoming the housing companies are when it comes to humanity’s best friends! Well here the picture is a bit more mixed. ACT’s survey finds that two thirds (66%) of the housing companies in Champaign Urbana welcome pets. Those who do, mostly allow cats and small dogs of less than 35 pounds non-aggressive breeds. They require a refundable deposit and/or a non-refundable upfront fee ($100-$300), as well as a monthly fee of $25 to $50. Not such a bad deal if you really must snuggle with your adorable pet on the sofa after a long day at school.
Wish to indulge yourself in luxury or, at least, reside where others do? Very few of our respondents offer a penthouse. However, the good news is that about 30% offer luxurious properties and accommodations in various location in Urbana Champaign and some feature amazing views from their high-rise buildings.
Steve Park/ Reporter