-June Student Housing Report: 5 Alarming Insights You Can’t Ignore

June Student Housing Report: Market Update on Strong Fundamentals Despite Slowed Leasing Velocity. Explore the latest insights from the College House report, highlighting a national pre-lease rate of 82.4% and key trends.

As the leasing cycle enters its final six weeks, the student housing market remains resilient and stable, even amid a slight slowdown in leasing velocity. The June Student Housing Report highlights key trends and data points that offer invaluable insights for navigating the industry. With national pre-lease rates at 82.4%, there is plenty to unpack about the state of the market and what lies ahead.


National Pre-Lease Trends Show Strength Despite Slight Dip

The June report reveals a national pre-lease rate of 82.4%, reflecting a minor 4% decline compared to last year’s record-breaking performance. While this slight drop may raise questions, it’s worth noting that leasing activity remains ahead of where it stood at this time last year. In the previous cycle (2022-2023 AY), national occupancy peaked at 93.2%, demonstrating the market’s ability to bounce back from slight fluctuations.

This small slowdown in leasing velocity doesn’t overshadow the robust fundamentals of the market. Increased enrollment at Tier 1 institutions and limited new housing supply continue to drive demand, ensuring the student housing market remains strong heading into the 2024-2025 Academic Year.


5 Key Insights You Can’t Ignore

The June Student Housing Report highlights five impactful trends shaping the industry:

  1. National and Regional Leasing Performance:
    • Provides a snapshot of year-over-year leasing trends across regions.
    • Reveals market-specific performance to help stakeholders make strategic decisions.
  2. Rental Rate Growth Across Regions:
    • Tracks rental rate increases across the country.
    • Identifies regions where rates are climbing fastest, offering insights for investors and property managers.
  3. 3-Year Month-Over-Month Trends:
    • Visual data charts pre-leases and rental rates over the past three years.
    • Allows for a clear comparison of historical patterns and emerging trends.
  4. Floor Plan-Specific Trends:
    • Breaks down pre-leasing and rental rate changes by floor plan.
    • Offers actionable insights into tenant preferences, from studios to multi-bedroom units.
  5. Market Dynamics for 2024-2025:
    • Explores how limited supply and rising demand are expected to shape the next leasing cycle.
    • Highlights regions poised for growth, especially where university enrollment is expanding.

What These Insights Mean for You

  • For Investors: Use data on pre-leases and rental growth to target high-performing markets.
  • For Developers: Plan new projects in markets with growing enrollment and limited housing supply.
  • For Property Managers: Adjust pricing and marketing strategies based on floor plan and regional trends.

Take a Deep Dive into the Data

The June Student Housing Report is more than just a snapshot—it’s a comprehensive guide to the latest trends and performance indicators in the market. For those seeking an even deeper understanding, the enhanced report offers:

  • Detailed market analysis.
  • Custom data solutions through our Database Explorer.
  • Advanced analytics for forecasting and planning.

Stay Ahead of the Curve

To access the full June Student Housing Report and additional data solutions, visit College House or contact us at info@collegehouse.com. With the right insights, you’ll be better equipped to navigate the evolving student housing market and make informed decisions that drive success.

Don’t miss these 5 impactful insights—download the full report today and stay ahead in the competitive student housing landscape!