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Student Housing Leasing Surpasses Pre-Pandemic Levels The student housing industry has largely recovered from the pandemic despite news of decreased enrollment. The preleasing period for the fall 2021 term ended stronger than in 2019, and leasing is off to another hot start for the upcoming fall term, at 26.7% as of November. Annual rent growth is also nearing pre-pandemic levels, at 2.2% as of December, just below 2019 levels of 2.4% rent growth.
The student housing industry has largely recovered from the pandemic despite news of decreased enrollment. The preleasing period for the fall 2021 term ended stronger than in 2019, and leasing is off to another hot start for the upcoming fall term, at 26.7% as of November. Annual rent growth is also nearing pre-pandemic levels, at 2.2% as of December, just below 2019 levels of 2.4% rent growth.
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