First Street Towers Purdue Cost Guide 2026

Prices for housing at First Street Towers near Purdue vary by unit type, lease term, and included services. This guide focuses on typical cost ranges in USD and highlights the main drivers and potential extras that affect total price. Cost estimates assume standard student housing amenities with elective add-ons considered separately.

Item Low Average High Notes
Monthly Rent (Base Unit) $600 $850 $1,150 Includes room and shared common areas; varies by unit type
Lease Length $0 $0 $0 Short-term vs long-term differences noted in per-month pricing
Security Deposit $300 $450 $600 Typically one month’s rent refundable if no damage
Utilities & Services $50 $120 $200 Includes internet, trash, and basic utilities; some plans vary
Application/Administrative Fees $35 $75 $150 One-time or per-term fees depending on process
Parking (Optional) $0 $75 $150 Assigned or covered spaces may carry extra costs
Meal Plan (If Available) $0 $300 $500 Some layouts include kitchens; others offer campus dining options
Wardrobe/Bedroom Enhancements $0 $25 $80 Optional furniture, upgrades, or decor

Assumptions: campus housing at First Street Towers near Purdue; standard furnished units; taxes and incidental fees may apply per terms; pricing varies by unit type and availability.

Overview Of Costs

Typical cost range breakdown covers total monthly housing costs plus one-time fees. The total project range for a full academic year typically falls between $7,200 and $14,400 for standard furnished units, depending on unit type and lease length. A per-month view shows $600 to $1,150 for base rent plus optional add-ons. Costs can shift with unit upgrades, parking, or meal plans.

Cost Breakdown

Category Low Average High Notes
Base Rent (Monthly) $600 $850 $1,150 Varies by bedroom type and floor plan
Utilities $50 $120 $200 Internet often included in some packages; verify
Security Deposit $300 $450 $600 Refundable if no damage; policy dependent
Fees $35 $75 $150 Application/administrative charges
Optional Extras $0 $100 $730 Parking, meal plans, upgraded furnishings
Total (Annualized) $7,200 $10,200 $14,400 Assumes standard terms and no extended discounts

Assumptions: standard furnished unit; no seasonal promotions; taxes may apply depending on terms.

Factors That Affect Price

Unit type and lease term are primary price drivers. Studio or 1-bedroom layouts command higher rents than shared bedrooms. Longer leases may yield modest monthly reductions, while short terms often incur higher monthly rates. Campus proximity and building amenities influence premiums, as do parking availability and meal-plan options.

Ways To Save

Lock in longer leases when possible to secure lower monthly rates. Choose a standard furnished setup without optional upgrades to avoid premium pricing. Consider sharing a unit with a roommate to split base rent and utilities, and review campus promotions or bundled plans that reduce combined costs.

Regional Price Differences

Local market variations around Purdue influence price bands. In urban-adjacent complexes, rents tend to be higher than suburban or campus-edge properties due to demand. Rural or less dense areas may offer lower base rates but with fewer included services. In general, expect up to a 15–25 percent delta between highly sought campus-adjacent options and more distant alternatives.

Labor & Time Considerations

Not applicable to standard student housing in the same way as service-based industries, but occupancy turnover and move-in/move-out processing can affect one-time fees. For apartment-style living, planning a move aligning with semester starts can help avoid rush-era pricing surges.

Additional & Hidden Costs

Hidden charges may include late-payment penalties, replacement fees for lost keys, processing fees for changes to the lease, and mandatory insurance. Parking permits and pet policies (if allowed) can add recurring or one-time costs. Review the housing contract for exact terms and any regional taxes that apply.

Real-World Pricing Examples

Three scenario cards illustrate typical configurations with labor-like considerations translated into housing context as time and effort to secure or move. Each scenario includes total and per-unit elements to reflect real-world budgeting decisions.

Basic Scenario

Unit: Shared two-bedroom, standard furnishings; Lease: 9 months; Parking: not included. Labor-like effort: basic application and move-in.

  • Base rent: $700/month
  • Utilities: $90/month
  • Fees: $60 one-time
  • Total for 9 months: $7,440
  • Per month average: $826

Mid-Range Scenario

Unit: One-bedroom, standard furniture; Lease: 12 months; Parking included in select units. Time: standard move-in process.

  • Base rent: $980/month
  • Utilities: $110/month
  • Fees: $90 one-time
  • Parking: $75/month
  • Total for 12 months: $14,520
  • Per month average: $1,210

Premium Scenario

Unit: Studio with upgraded furnishings; Lease: 12 months; Parking and meal plan included. Higher premium due to location and features.

  • Base rent: $1,100/month
  • Utilities: $150/month
  • Fees: $120 one-time
  • Meal plan: $360/month
  • Parking: included
  • Total for 12 months: $17,520
  • Per month average: $1,460

Assumptions: three representative configurations; excludes atypical promotions or negotiated discounts.

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