In the evolving landscape of student housing, certain universities are proving to be exceptional performers. A RealPage report has highlighted 14 universities that have consistently exceeded the national average in terms of pre-leasing and growth of purpose-built student housing since 2020. These institutions are predominantly located in states experiencing rapid population growth and often serve as state flagship universities with substantial student enrollments.
Notably, these universities are situated in classic college towns which tend to have a limited shadow market—conventional apartment units within a three-mile radius of the campus providing alternative student housing options. A constrained shadow market leads to higher demand for purpose-built student housing. As a result, these schools often achieve nearly full occupancy rates by August.
For a deeper dive into the specifics of these thriving student housing markets, visit the original article on Globest.com.