Matrix Student Housing National Report-September 2024 September 19, 2024

Preleasing, Rent Growth Inch Toward Finish

Surveyed preleasing for the Yardi 200 reached 92.9% in August 2024, 20 basis points ahead of August 2023, as many markets welcomed student tenants back during the month. Rent growth slipped to 4%, as properties strove to fill up late in the leasing season, but has averaged 5.8% since October 2023.