Student Housing Market Update: Strong Fundamentals Amidst Slowed Leasing Velocity

Explore the Latest College House Report: Student Housing National Pre-Lease Sits at 82.4%.

With just over six weeks remaining in the leasing cycle, the student housing market continues to demonstrate strong fundamentals. Despite a national slowdown in leasing velocity, with pre-leasing trailing by approximately 4%, the industry remains resilient. Last year's pre-leasing velocity for the 23/24 Academic Year (AY)  was record-setting, with rate growth reaching double digits in most markets.

When compared to the lease-up for AY 22/23 - which ultimately resulted in a 93.2% national occupancy post move-in, pre-leasing is still ahead of pace.

Looking ahead, with limited new supply expected over the next few years and increasing enrollments at many larger Tier 1 institutions, student housing continues to show strong fundamentals amidst a tempered lease up for the AY 24/25.

Learn more about the state of the industry in our June Month-End Report. The following report includes:

  • National & Regional YoY Leasing Snapshot
  • National & Regional Rate Growth Snapshot
  • 3-Year MoM Trend Graph: Rates
  • 3-Year MoM Trend Graph: Pre-Lease
  • Floor Plan Level Rate and Pre-Lease Trends YoY

Download June Month End 2024- College House Report

For those seeking an even deeper dive into the data, we invite you to explore our Enhanced Report or Database Explorer Solutions. To learn more, visit College House or please reach out to us at