Matrix Student Housing National Report-May 2024 May 09, 2024

Preleasing, Rent Growth Slow Down but Stay Strong

With the leasing season one of the best yet, the tone at the recent Interface Student Housing Conference was very positive. At 73.5% in April, preleasing was similar to last year’s record pace, while rent growth moderated to 5.5% but remained well above average for the sector and for commercial real estate overall.