Student Housing Asking Rents Reach New High, Reports Yardi Matrix
SANTA BARBARA, Calif., April 18, 2024 /PRNewswire/ -- Preleasing at Yardi 200 schools hit 67.7 percent in March, exceeding last year's pace by 2.4 percent, while rent growth accelerated to six percent, according to the latest Yardi® Matrix National Student Housing Report.
- The top 22 schools for rent growth had average preleasing rates at 74 percent and above-national-average enrollment growth rates at 2.6 percent.
- With data gathered from more than 1,500 properties at 187 schools, Yardi Matrix found that 46 universities had preleasing rates over 75 percent.
- Gain more insight in the new Yardi Matrix National Student Housing Report.
- Yardi Matrix covers multifamily, student housing, vacant land, industrial, office, retail and self storage property types.