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Student Housing Keeps Crete Rental Prices High Year-Round

Thursday, 9 July 2026/Source: Google News/1 min read

Rental prices across Crete remain elevated, driven in part by sustained demand from student housing. The island's universities, particularly in Heraklion, absorb a significant portion of available long-term rental stock, reducing supply and keeping costs high year-round. For tourists planning extended stays or looking to rent apartments rather than book hotels, this means accommodation costs are unlikely to drop significantly even outside peak summer months. Visitors seeking short-term rentals in Heraklion and other university towns should expect competitive pricing and limited availability. Booking well in advance is advisable, especially for stays longer than a few nights. Those with more flexibility on location may find better value in smaller towns or villages away from the main urban centers.

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