Temple off campus housing

[Cyrus Shaw]

Anyone have experience / intel with off campus housing north of broad around 16/17th and Montgomery / Cecil b Moore?   I looked at about 10 houses, and all were cash flowing.  Puzzled why so many would be available? 

[Kevin M.]

Temple is a very tough area to rent right now. Available rental inventory far exceeds demand.

 It’s a perfect storm of recently constructed high rise apartments and fewer students on campus due to COVID. I’ve had to slash prices on my larger units in the area and there’s no sign of imminent recovery. Properties that used to easily rent for $3k/mo won’t even get any showings at $2,200