Student housing has been 85.2% preleased for June 2024, the same as in June 2023, but the pace of leasing is slower, according to Yardi Matrix's July 2024 national student housing report.
However, the degree of preleasing varied significantly from institution to institution. Some 10 schools were already 99% preleased, and preleasing was 10% ahead of last year at 28 universities. Schools with the greatest annual preleasing growth were led by Central Michigan, the University of Nebraska, Bowling Green State, Mississippi State, and University of Missouri.
But 27 others were not even 70% preleased, with 13% well behind 2023 levels, including small schools and large ones like Washington State and the University of California, Berkeley. Preleasing was running 10% or more behind last year's levels at 34 schools, even though some were more than 81% preleased.
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