Multifamily Market Commentary
Spring 2023 Off-Campus Student Housing Update
June 26, 2023
It has been over three years since the pandemic began and immediately impacted student housing performance for both the spring and fall semesters of 2020. Since the spring 2021 semester, student housing fundamentals have continued to see improving fundamentals. As of spring 2023, the trend continues as record-breaking performance for rent growth, occupancies, and pre-lease growth rates continue to be above recent trends.