While many are old and strictly considered the 'student ghetto', others offer cathedral ceilings, hardwood floors, fireplaces, and architectural stylings dating back to the mid 19th and early 20th centuries. Parking is a definite plus in these areas. Some homes may not have laundry facilities on site, however there are numerous coin operated laundromats around campus. The cost of apartments and houses varies with size, location, and level of luxury of the unit. There are many unfurnished housing units within about five miles of Central Campus.
Electricity can be very expensive during the summer because of air conditioning.
The standard apartment lease is for a period of 12 months. Most landlords and management companies require a security deposit that is generally one and a half month's rent in advance. Policies regarding pets vary.