Lethbridge Real Estate - Student Housing

Posted August 19th, 2011 by Robert May

Lethbridge Real Estate - Student Housing

Photo: University of Lethbridge at sunset by Robert May

University of Lethbridge and the Lethbridge College attract thousands of students to the city each fall. I believe the total number of students enrolled now is around 15,000 and I would estimate that at least half of those come from outside of the Lethbridge and move here just to attend school.

With this new influx in population the Lethbridge real estate rental market is strongly affected. Rent prices shoot up and vacancy rates drop to absolute zero. Literally every basement suite, duplex, apartment, house, or rooming house is full by the end of August.

For those who are arriving in Lethbridge at this time of the month they are probably already finding that the choices of accomodations are far below what they expected. As a result of the scarcity of accomodations, landlords and property owners are able to be ultra picky about whom they rent to. That translates into NO PETS and NO SMOKERS for almost all of my clients. These landlords rightfully choose not to rent to tenants who have a lifestyle which increases the potential for damages to occur to the rental property.

If you are a smoker or have pets, you will discover that the local rental market is extremely unwelcoming. This is unfortunate, but it is the truth.

My lethbridge real estate brokerage, Rainbow Realty, does not handle public rentals anymore. We do not assist tenants in finding properties. We do however work with landlords and lawyers and assist in tenant negotiations and evictions. This is something which no other property management company in Lethbridge has chosen to specialize in, so it is a niche market for us and something which we have a decent amount of experience at.

Here are a few of my favorite past articles from my Lethbridge real estate and mortgage blog you might have missed or wish to recommend them to a friend.

Alberta Marketing - alberta marketing experts
Lethbridge SEO - ranking higher in search results
Lethbridge Marketing - Condo living is great for student but also for seniors!
Lethbridge Videos- Videos about life and business in Lethbridge
Lethbridge Blog - Some great deals on manufactured homes in Lethbridge
Lethbridge Homes for Sale - searching for Lethbridge real estate?

Lethbridge Real Estate - link to my site

lethbridge realtor

Robert May is a Realtor, as well as the broker and owner of Rainbow Realty of Lethbridge Alberta . He is also a licensed Lethbridge mortgage broker and financing expert with Canada First Mortgage of Calgary Alberta. He has been in the Lethbridge real estate industry since 1993 and offers full Lethbridge real estate services to Lethbridge and surrounding area, as well as Lethbridge mortgage financing, mortgage refinancing , preapprovals, and Lethbridge loans financing to Lethbridge and Southern Alberta. He can be found online at this link: mortgage broker Lethbridge

Let me share my 16+ years experience in the local Lethbridge real estate and financing market with you! It is the first step towards making a profitable real estate decision.