Live PPC Ads

Case Study

How We Generated 52,000+ Leasing Leads for The Stone Avenue Standard

Case study: How Live PPC Ads generated over 52,000 leasing leads for The Stone Avenue Standard — a luxury student housing property near the University of Arizona in Tucson.

The Stone Avenue Standard logo

Platforms We Manage for This Client

Google Ads
Client

The Stone Avenue Standard

Industry

Real Estate — Student Housing

Location

Tucson, AZ

Read Time

2 min read

52,265

Qualified Leads

$10

Cost Per Lead

$522K

Ad Spend Managed

10x+

Est. Business Growth

The Client

The Stone Avenue Standard is a luxury student housing property located near the University of Arizona in Tucson. They offer premium apartment living tailored to university students with modern amenities, study spaces, and a prime location near campus.

Note: This is a housing-category account subject to special advertising restrictions.

The Challenge

Student housing advertising has unique constraints:

  • Cyclical demand — leasing seasons are concentrated around spring/summer for fall move-in
  • Housing advertising restrictions — Google and Meta limit targeting options for housing ads (no age, gender, or zip code targeting)
  • Competitive market — multiple student housing properties near campus competing for the same pool of incoming students
  • Young audience — reaching 18-22 year olds who may be making their first independent housing decision

Our Approach

  • Leasing season campaign scaling — heavy investment during January-August when students are searching for fall housing
  • University-specific targeting — campaigns focused on "University of Arizona apartments," "student housing Tucson," "off-campus housing UofA"
  • Amenity-focused ad copy — highlighting specific features that differentiate from competitors (furnished units, study rooms, proximity to campus)
  • Housing-compliant campaigns — all campaigns built within Google's housing category restrictions
  • Display and PMax — awareness campaigns targeting students browsing housing-related content

The Results

  • 52,265 leasing inquiries and leads
  • $522,442 in total ad spend
  • $10.00 average cost per lead — remarkable for student housing where each lease represents $6,000-12,000+ in annual rent revenue
  • Consistent occupancy maintained through strategic seasonal advertising

What the Client Says

"Student housing is all about timing — you have a narrow window to fill units before the semester starts. Live PPC Ads nails that timing every year. Our occupancy rate has been at or near 100% since we started working together, and the cost per leasing inquiry is the lowest we've ever achieved."

Leasing Manager, The Stone Avenue Standard


About This Campaign

Industry: Real Estate — Student Housing Platforms: Google Ads Location: Tucson, AZ (University of Arizona)

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