Harvard University Housing, which oversees approximately 3,000 apartments, will increase renewal rents by an average of 5% for the 2025-2026 season. This change, based on a regression analysis of market rents conducted by Jayendu Patel, aims to align with competitive housing rates in Cambridge and nearby areas. All excess revenue generated from housing operations is reinvested into capital improvements. The proposed rents have been reviewed by the Faculty Advisory Committee and are intended to support the financial viability of HUH while meeting the housing needs of Harvard affiliates.
Harvard University Housing adjusts renewal rents for the 2025-2026 leasing season, with an average increase of 5% reflecting market rates and the need for facility improvements.
The rent adjustment process considers extensive data, including market analysis of over 14,700 apartments and insights from a Faculty Advisory Committee to ensure competitiveness.
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