Matrix Student Housing Report-January 2022 January 15, 2022

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.