Posted on Thursday, April 24, 2014 at 8:30 am CDT
Though exact figures vary by city, the average nationwide rental vacancy rate stands at 26 percent, leaving the owners of these properties with an estimated monthly income deficit of $1,000 per unit. Meanwhile, 21.8 million college-bound students are beginning their search for housing in preparation for the upcoming school year. Based on these figures, potential benefits exist for the young adult population and hopeful landlords alike.
Source: Sara's Homestay