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Student Housing Near 90% Preleased, but Rent Growth Stalls as Leasing Season Ends Preleasing for the Yardi 200 hit 89.9% in July 2025, ahead of last year, though performance varied by school. Advertised rent growth decelerated to 0.9% year-over-year, with rates down from their March peak as operators in some markets reduced prices to fill remaining beds. While some schools, like Ole Miss and Mizzou, posted double-digit rent gains, many others experienced rent declines, particularly those facing new-supply pressure or heightened competition from conventional multifamily.
Preleasing for the Yardi 200 hit 89.9% in July 2025, ahead of last year, though performance varied by school. Advertised rent growth decelerated to 0.9% year-over-year, with rates down from their March peak as operators in some markets reduced prices to fill remaining beds. While some schools, like Ole Miss and Mizzou, posted double-digit rent gains, many others experienced rent declines, particularly those facing new-supply pressure or heightened competition from conventional multifamily.
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