With an average effective rent of $2,500 per bed per month, New York ranks as the most expensive state in the country for student housing, according to a report by RealPage. Students in Wyoming can find the most affordable student housing, with rents there averaging less than $550 per bed per month.
On average, privately owned student housing runs around $1,000 per month per bed across the core 175 universities tracked by RealPage. Along with New York, Massachusetts helped push the Northeast region into the more expensive category of student housing with rents averaging $2,160 per bed each month.
Other expensive markets for student housing include Washington, D.C., California, New Jersey, Washington state, Connecticut and Illinois, all of which posted average per-bed rents above $1,500 per month.
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