When it comes to rooms for students, you will have a lot of options. Picking the best lease option for your college schedule and way of life is one of the most important decisions. Baylor University students have certain housing needs that The Addison at Waco is providing. For student housing, we offer flexible student housing lease options, such as the choice of a 12-month lease and a short-term lease, so that everyone can find something that works for them.
This blog is about the different types of leases that Baylor students can choose, gives you information about Waco student housing contracts, and helps you figure out which type of lease is best for Baylor students.
Key difference: 12-Month vs Short-Term student housing Lease
There are many benefits and drawbacks of both 12-month and short-term leases when considering the different student lease options available to students. Both offer unique benefits and might be able to support different lifestyles.
| Feature | 12-Month Lease | Short-Term Lease |
| Lease Duration | Full academic year (12 months) | Flexible duration (e.g., 3-9 months) |
| Best For | Students staying in Waco for the full year | Students needing housing for a semester or short term |
| Monthly Rent | Typically lower monthly rent | May be higher due to the shorter commitment |
| Security | Long-term security, no need to renew | Flexible, but you may need to find new housing after the term ends |
| Access to Amenities | Full access to all amenities for 12 months | Full access to amenities for the lease term |
| Ideal For | Students who want stability and a dedicated space for the whole year | Students who may leave for the summer or have a flexible schedule |
| Summer Housing | Includes summer months (if you’re staying year-round) | No need to pay for the summer months if you’re leaving Waco for the break |
| Flexibility | Less flexible, locked in for the year | High flexibility, especially for students with varying schedules |
Which Lease Type is Best for Baylor Students?
What makes you decide what you need, rent student housing for a short time or the whole year, the activities you do outside of school, and your current financial situation?
We think a 12-month lease is best for Baylor students who want to stay in Waco for the whole school year and have the peace of mind that comes with having a stable place to live like home. We provide less expensive living, and also has a gym that is open 24 hours a day, private study rooms, and fast Wi-Fi that you can use.
A short-term lease might be better if your plans are different, if you won’t be in Waco during the summer. With this option, you can live in an apartment that is fully furnished and not have to worry about paying for housing during breaks or the summer.
Key Considerations When Choosing a Lease
If you are confused about choosing between these two student housing contracts Waco, here are some of the most important things to think about:
- Budget: A 12-month lease may have more affordable monthly payments. If you don’t plan to stay for the whole year, a short-term lease may be better.
- Flexibility: With a short-term lease, you can move out if your school schedule is more flexible or if you need to go out for a semester.
- Commitment Level: A 12-month lease is a good choice if you want to stay in the same place all year and avoid the trouble of looking for a new place in the middle of the year.
Why The Addison at Waco is Your Best Choice
Baylor students say that the Addison at Waco is the best student housing contract in Waco. The Addison helps students do well in college and meet new people. It stands out because it is close to Baylor University and has nice, fully furnished apartments with modern amenities.
Addison gives Baylor students the freedom and convenience they need by letting them lease for both full years and shorter durations.
Make The Addison Your Home Away From Home
The Addison at Waco is dedicated to providing Baylor students with the best possible living conditions. We will make your housing decision as simple as possible by providing first-rate amenities, a safe community, and a focus on students’ health and wellness. We have the best options for Waco student housing, whether you need a 12-month lease or a shorter-term lease.
“Ready to find the perfect lease for you? Contact us today to explore your options at The Addison!”
Frequently asked questions
1. What are the key differences between a 12-month lease and a short-term lease at The Addison?
A short-term lease gives people more freedom to move around, while a long-term lease and a 12-month lease get you cheaper rent every month and more regular payments.
2. Which lease option is more cost-effective at The Addison?
It costs less to rent for 12 months than for six months. People who want to rent for a long time should choose a one-year lease.
3. Can I switch from a short-term lease to a 12-month lease at The Addison?
Yes, depending on availability, you can make your short-term lease last for a full year.
4. What are the benefits of a short-term lease at The Addison?
There are lots of great short-term leases for students and interns who need a place to stay soon in a short period.
5. How does the renewal process work for 12-month leases at The Addison?
Yes, you can get an additional year on your lease at the office.