Student housing occupancy rate in the U.S. 2023

The average occupancy rate in off-campus purpose-built student housing in the United States declined by 1.7 percentage points in 2023. In that year, the share of student housing that was occupied was 94.1 percent, down from 95.8 percent a year ago. Occupancy was at its lowest level in 2022 when the COVID-19 pandemic broke out.