The residence hall rate for a double room for undergraduate students will increase by $108, as the MSU Board of Trustees voted to increase the price by 2.75 percent at its meeting on April 15.

In addition to the room price increase, the silver unlimited dining plan for transfer, freshmen and returning students will increase by $152. The price is currently $2,781 per semester.

“It represents the lowest rate in 18 years that we have on record,” Vice President for Auxiliary Enterprises Vennie Gore said.

Gore said Spartan Village and University Village did not see a rate increase. He said this upcoming academic year will be the last year Spartan Village will be open, so they are winding it down.

“I think students sometimes just look at the sticker price and compare it, but don’t add in the fact that it includes cable television and it includes access to Wi-Fi,” President Lou Anna K. Simon said.

For the 2015-16 academic school year, housing and dining rates saw a 3.5 percent increase.

MSU has one of the lower rates for Big Ten universities.

It ranks closely with Purdue University and the University of Iowa.

While discussing how students will feel about a rate increase, Gore said students should look to recent renovations to see where the money is being spent.

The board also voted on the monthly rates for one-bedroom and two-bedroom family apartments for 1855 Place, as this will be its first year of leasing.

For the 2016-17 year, a one-bedroom family apartment in 1855 Place will cost $800 per month.

The two-bedroom family apartment will cost $925 per month.

“We’ve already started construction on the graduate student, other student housing that’s scheduled to be opened in the fall of 2017,” Simon said.

The family apartments opening in August 2016 includes 60 one-bedroom and 129 two-bedroom units.

Gore said 1855 Place will be a transitional complex for students who do not want to live in residence halls for all four years.

“We’ve always been very concerned about the cost of education, and so our staff has been working really hard about managing costs and giving good value,” Gore said.

Gore said 1855 Place family housing will open in August. The following year, the remainder of the housing complex will open.