Lease and Rental Information

Rental process:

  1. Check Availability List and review the Park Place lease agreement or the East Third St / Rose Ave lease agreement.
  2. Return completed Rental Request Form indicating desired apartment/unit to Please submit this form only if you intend to sign a lease. A completed form is required for each tenant.
  3. We will confirm availability and provide you with the Lease for signature. A security deposit of $300 is due per tenant upon signing the lease.
  4. Return signed Lease with security deposit(s) to Park Place Associates.

Feel free to contact us with any questions!

Rental Terms:

Rental fees noted are per student for each academic semester.

Student leases begin in mid-August (a few days prior to the beginning of classes) and end on graduation day.

Fall semester rent is due by August 1st. Spring semester rent is due by December 1st. A late fee of $50 will be charged for rent not paid within 90 days of the due date. Interest at the rate of 1% per month will be charged on rent delinquent by more than 90 days. Interest will be charged in addition to the late fee.

Rent is payable to Park Place Associates by personal check, cashier’s check, or cash.

If you receive financial aid, you must provide us a copy of your award letter from BU for deferred payment.

Units are unfurnished; however, beds are available upon request for a fee of $50, payable with the Fall semester rent. Bed requests must be made before  August 1st.

A summer addendum lease is available for students attending summer school.

Lease Renewals:

Students returning the next academic year may retain their unit and are given first priority on rental availability. Renewal requests must be made by  October 1st.

Students may keep their personal belongings in the unit over the summer.

There are no charges for summer if the student is not living in the unit and returning Fall semester.


Utilities vary depending on rental property. Tenants may be responsible for the below listed utilities. Only one name is required for each utility account. Contact the local utility company for current information.

PPL 1-800-342-5775

Cable TV:
Service Electric 1-800-522-2389 or 570-784-3933
NOTE: Please request cable hook-up by late July for August move-in date.

UGI 1-800-276-2722
NOTE: Required only for University Place units which have gas heat. Please request service by October 1.

(Various providers)
NOTE: Trash pickup is required only for East Third Street and Rose Avenue.

United Water 888-299-8972