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Rent prices of nearly 3,000 University-owned apartments will increase 2 percent on average in 2015-2016, according to a press release, marking a lower percent increase than in recent years, but still continuing a decades-long trend of increasing housing prices in Boston and Cambridge.
Harvard University Housing updates its prices every year based on an analysis of property listings around the Boston and Cambridge area to offer prices comparable to off-campus housing options. Graduate students and other Harvard affiliates occupy University Housing apartments.
The rent for University Housing listings, which includes utilities for most apartments, on average increased 5 percent, 6 percent, 5.5 percent, and 1 percent in 2014-2015, 2013-2014, 2012-2013, and 2011-2012, respectively.
—Staff writer Theodore R. Delwiche can be reached at theodore.delwiche@thecrimson.com. Follow him on Twitter @trdelwic.
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