Student Housing Crash? Rent Prices Plummeting – Is YOUR Kid Affected? | JQJO

Student housing rent growth is slowing down, impacting the real estate market. July saw only a 0.9% increase, a significant drop from previous years' growth of 5.7% and 6.9%. This slowdown affects both high-end and budget-conscious students, with some opting for cheaper housing outside campuses. A major operator, Scion, notes that affordability concerns are driving this shift, as even higher-end students choose less expensive options.