Apartment rental cost increases in ‘88
February 5, 1988
NIU students will have to pay more for their apartments this year than they did last year.
Those living in NIU’s Married Students’ Apartments, 501 Annie Glidden Road, and Amber Manor Apartments, 807 to 833 Ridge Drive, will have to pay $10 more this year for all categories of housing at these complexes.
Rents at Hill Crest Place, 220 Hillcrest Drive, Riverside Apartments, 807 to 831 West Taylor St., and Campus View Complex, 355 Augusta Ave., were increased by up to $25 per month.
At DeKalb Plaza, 1325 West Lincoln Hwy., students will have to pay between 3.7 and 4 percent more for their apartments. A DeKalb Plaza spokeswoman said this is the first time in three years tenants were paying more for their apartments.
Kathy Laing, a representative of Laing Services, 820 Edgebrook Drive, said the company did not make rent increases on all of its apartments. “If we did, the increases did not reflect the amount of tax charged by the state on our property,” she said.
Laing said the company was preparing next year’s leases, which begin in August. “There will be a street assessment tax for the Greek Row area, and our new leases would have to reflect this tax,” she said.
Varsity Square Apartments, 1212 Varsity Blvd., and University Village Apartments, 722 Annie Glidden, are two complexes which did not make any rent increases. However, the apartment managers hinted that rents will be raised next year.
Aside from taxes, most managers complained of an increase in maintenence and heating costs. They also said they had to pay more for labor.
The Student Association Tenant Union does not monitor rents paid by students. SA Vice President Cam Davis said, “The duty of the tenant union is not to monitor rents but to solve disputes between students and their landlords. If we have any information on rents at all, it would be three years old.”
Davis is serving as spokesman for the tenant union while the SA is looking for a new tenant union director.