University Challenge – students chose places based on rent costs

University Challenge – students chose places based on rent costs


Todays other news
Northern cities are set to outpace the south for the...
A sustainable energy consultant gives tips that really work -...
The views of expert working for Stacks Property Search, a...


Availability in the private student halls sector is at a three-year high, according to new data from marketing and insights platform StudentCrowd.

On average, 99 more buildings have at least one room available to book in April for 24/25 compared to the same period last year. This increase in accommodation availability follows a significant decline last year, which was 5% down on 2021 during January to March.

The data comes from a new report which shows that, despite an increase in accommodation availability, prices are continuing to increase. There has been an average increase of £2.86 ppw each month since the start of the current booking cycle: 

Price increases persist despite the fact that student applications have decreased slightly overall (-0.3%). This is largely attributed to a plateau in 18-year-old applicants, a 5.2% reduction in mature student applications, and impacts in the international student market. 

A StudentCrowd spokesperson says: “Despite a plateau in student numbers this cycle, the prices of student halls have continued to rise. This is largely due to wider market pressures: hall providers have sought to build more rooms to meet pre-existing over-demand but, simultaneously, new regulation and the imminent Renters Reform Act encouraged many private-house landlords to leave the market, perpetuating an under-supply of student homes. 

“This raises the continual question of affordability for the end user: the student. 

“Compounding this issue, StudentCrowd polls demonstrate that students are starting to choose their university based on the cost of accommodation rather than based on academic potential, resulting in a market powered by perception of value for money rather than the propensity to succeed.” 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Affordability remains an issue despite the strong start to 2025's...
The figures come as the Bank of England cuts base...
The claims come in a report from the Resolution Foundation...
Glasgow council is on the warpath over the city's empty...
The tenant was in hospital when he was evicted illegally...
The controversial proposal is backed by the Welsh Government...
Growing arrears, falling yields and new laws make 2025 a...
Recommended for you
Latest Features
Northern cities are set to outpace the south for the...
A sustainable energy consultant gives tips that really work -...
The views of expert working for Stacks Property Search, a...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here