Top colleges for student housing starts

Abstract

Dive Brief: Private developers are slated to deliver just 26,000 new student housing beds near universities across the country in fall 2022, a pullback from the 40,000 to 50,000 pace seen in the 2010s, according to data and analytics firm RealPage. Across the 175 colleges and universities tracked by RealPage, 43 will receive new student housing inventory in fall 2022. The University of Washington tops the list with 2,116 new beds expected, followed by Virginia Tech with 1,920, Indiana University with 1,570, and Clemson University with 1,396. Broward College's central campus in Davie, Florida, ranks lowest with 96 beds among schools with new deliveries. More than 100 schools will see no new beds this year, in line with normal conditions for the student housing industry, Whitaker said. The Georgia Institute of Technology is set to receive over 3,000 new beds by 2023, whereas the University of Florida and the University of Texas at Austin will each add over a thousand new beds this year and next year. Much like conventional apartment rents, the average price per bed varies widely by state, ranging from $2,040 in New York state to $471 in Wyoming.