Student Housing Pre-Leasing: Fall 2027 Opens at 3.8%, Strongest September in Three Years
RealPage shows Fall 2027 pre-leasing at 3.8% in September; Yardi Matrix put Fall 2026 pre-leasing at 93% in August as leasing-season rent growth slowed to 1.1%.
Rents, occupancy, concessions, supply and absorption, and metro-level market reports.
RealPage shows Fall 2027 pre-leasing at 3.8% in September; Yardi Matrix put Fall 2026 pre-leasing at 93% in August as leasing-season rent growth slowed to 1.1%.
RealPage data shows stabilized upscale apartments gaining move-in pricing power while Class C rents fall and Sun Belt markets stay flat or negative.
NAHB estimates about 15,000 single-family built-for-rent starts in Q2 2026, down from 18,000 a year earlier; BTR is 6.9% of single-family starts.
Same-store effective asking rents rose 0.9% year over year in Q3 2026 as completions fell to about 318,000 units, per RealPage data.
Yardi research links rent growth to lease-up inventory; concessions are spreading to older buildings, per Multifamily Dive.