Rental Rates

There comes a point in every organization, for profit or not for profit, where increases are necessary. To keep a property up and running, it must be able to invest in itself. The Board of Directors and management team have worked hard on developing a budget that will keep CTC successful at being the member driven, nonprofit focused organization it has always been. Our fiscal year budget for rental rates and the updated fee schedule reflects this necessity.

The increase in expenses, specifically, the University Requirements increasing 6% and other uncontrollable costs (insurances, taxes, materials, etc.) increased far more than that of the rates of rent, still leaving CTC with a net loss.

It is crucial that CTC’s rental and fee increases line up with the amount of increases in uncontrollable costs. CTC management and the Board of Directors are dedicated to providing well maintained and affordable housing for the co-op residents and strive to continue to maintain lower than market rent and fee rates for our students that live at CTC and are a part of our special community.

Fee Schedule

Effective July 1, 2025 - June 30, 2026

See current fiscal year's Fee Schedule

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Rental Rates

Effective July 1, 2024 - June 30, 2025

1. Rate Structure for Leases Effective Before July 1, 2024 Effective for households with leases were effective prior to July 1, 2024
FY 2025-2026	One Bedroom		Two Bedroom		Three Bedroom
	Lower Level	Upper Level	Split Level	Phase IV	Phase IV
Member Rate	$903	$903	$1,216	$1,220	$1,507
Non-Member Fee	$60	$60	$60	$60	$60
Non-Member Rate	$963	$963	$1,276	$1,280	$1,567

2. Rate Structure for Leases Effective July 1, 2024 and After Effective for households with leases starting on or after July 1, 2024
FY 2025-2026	One Bedroom		Two Bedroom		Three Bedroom
	Lower Level	Upper Level	Split Level	Phase IV	Phase IV
Member Rate	$919	$936	$1,239	$1,244	$1,535
Non-Member Fee	$60	$60	$60	$60	$60
Non-Member Rate	$979	$996	$1,299	$1,304	$1,595