October 15, 2025
Matrix Student Housing National Report – October 2025
Student Housing Occupancy Hits 95.1%; Rent Growth Slows
Student housing fundamentals remained strong in 2025, with Yardi 200 occupancy rising to 95.1%, the second-highest level since 2019, driven by recoveries in a number of markets. Rent growth continued to decelerate, averaging 2.5% for the leasing season after two years of rapid gains as most markets saw slower growth amid a more competitive leasing environment.
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