WHAT ARE THE BEST STUDENT HOUSING OPTIONS AVAILABLE IN COLOMBO?
With hundreds and thousands of educational institutes scattered across its landscape, the city of Colombo and its surrounding district can be described as a true academic zone. As such, check out below for the best student housing options available in this region, for the learners who come here to stay from the far corners of Sri Lanka.
By far the best housing option available for students who are looking for an affordable place to stay in the Colombo region can be identified as the annexe properties, which are widely available for rent mostly in and around the Colombo city. Nevertheless, if you’re thinking of going for one of these properties, then it’s best to understand that these are small single bedroom accommodations that offer minimum facilities to its occupants.
As of Q4 2018, the monthly rental price for an annexe for rent in Colombo can range between Rs. 4,000 to Rs. 90,000.
While not as numerous or cheap as annexe properties, the short-term rental apartments for rent in the Colombo and nearby regions such as Dehiwala are the second best option available, for students who are on the lookout for a decent and affordable place to live during the semesters. These properties offer better facilities compared to annexe, but on the downside are not available for long-term rent.
As of Q4 2018, the rental value of a short-term rental apartment for rent in Colombo can range between Rs. 4,500 to Rs. 150,000.
Surprisingly, the most widely available residential properties for student accommodation in Colombo district are actually the standard apartment properties that are available for either rent or for sale. These tend to be well-built accommodations with modern facilities, which offer a reasonably good level of comfort for its occupants. What makes the apartments in Colombo standout compared to the above-mentioned properties is the sheer amount of dwellings available throughout the district, which makes it easier for a student to discover the one that matches their needs.
As of the Q4 of 2018, the monthly rental value of apartment for rent in Colombo can be as low as Rs. 5,000 to as high as Rs. 860,000.
In reality, the most affordable property type that is offered for rent in Colombo are the short-term rental houses. These can be as small as a one-bedroom accommodation to as big as a luxury home. However, the biggest issue that makes short-term rental houses in Colombo a bit difficult to recommend to students is their availability. These properties are rare and extremely difficult to find close to major academic institutes that render their usability.
As of Q4 2018, you can come across short-term rental houses in Colombo for a rental value that ranges from Rs. 1,500 to Rs. 140,000.
If what you’re looking for is a spacious accommodation and if the price is not a big issue, then the best option available for you in Colombo is a roomy single-family house that can also offer plenty of modern facilities. Single-family houses are the second most widely available residential property type after the apartments in Colombo, which also makes them a good option for the students who want to find a place close to their institute.
As of Q4 2018, the rental value of a single-family house for rent in Colombo can range between Rs. 10,000 to Rs. 2,000,000.
If a group of students wants to rent a single place and split the rent among themselves, then by far the best option vacant for them is a large multi-family house, available either for rent or for sale. Multi-family houses are also the third most widely available residential property type across Colombo, which also makes these properties a good choice for those who want a residence close to their place of study.
As of Q4 2018, a multi-family house for rent in Colombo can be obtained for a price that can range from Rs. 15,000 to Rs. 800,000.