U.S. Student Housing- Statistics & Facts

Published by Statista Research Department, Jun 19, 2019
Student housing is an essential cornerstone of student life for any college or university. As students are often not fully employed, they can especially benefit from more affordable housing. In addition, student housing gives students the opportunity to mingle and form communities with their peers in ways that are not possible in traditional housing units. Universities are full of both locals and students from distant countries or continents, who are yearning for new friends and experiences, which student housing helps to facilitate. About 63 percent of all student housing consists of private rooms rather than apartments or shared rooms.

In 2017 and 2018, about 45,500 thousand student housing beds were delivered in the United States. Student housing occupancy rates in the United States follow a predictable pattern over the course of the school year, increasing steadily from about five percent in October to about 94 percent by August. In the United States there is a high demand for student housing, with a vacancy rate of about 2.6 percent in 2018, a figure which is expected to decrease to 2.3 percent in 2019. In order to accommodate this demand, the inventory growth of student housing units is expected to reach 2.5 percent in 2019, up from 1.4 percent in the previous year.

In the United States, student housing is often not inexpensive, and rental rates are constantly increasing. Auburn University had the highest average annual rent growth for student housing, at eight percent. On average, rent growth of student housing units in the U.S. is at about 3.3 percent per year. On campus housing is also not always more affordable than off campus housing, or vice versa. In Berkeley, California the average monthly housing cost for an on campus unit is about 1,861 U.S. dollars, compared to 2,263 dollars on average for an off campus unit. However, in Tallahassee, FL on campus housing is more expensive than off campus housing, on average.

There are several major corporations that control a significant share of the student housing market. American Campus Communities is the largest and most powerful of these, owning over 100 thousand student beds in the United States, and 169 properties. The company generated about 829 million dollars in revenue in 2018, and 117 million dollars in net income.

Interesting statistics

In the following 6 chapters, you will quickly find the 30 most important statistics relating to "Housing for students in the U.S.".

Housing for students in the United States

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
TOP SELLER

Important key figures

The most important key figures provide you with a compact summary of the topic of "Housing for students in the U.S." and take you straight to the corresponding statistics.

Student housing market

Rental market

Industry leaders

More interesting topics from the industry "Real Estate, Rental & Leasing"

Related topics

Any more questions?

Any more questions?

Get in touch with us quickly and easily.
We are happy to help!

Get in touch with us quickly and easily.
We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.