Berkadia’s 2026 U.S. Student Housing Preleasing Report is now live, and we are excited to share our findings with you.

Key Takeaways

• National preleasing reached 84.7% in June 2026, aligned with last year’s pace and reflecting continued strength heading into Fall 2026.

• Average rent per bed rose 2.8% year over year nationally, showing operators continue to achieve rent growth alongside strong leasing activity.

• All major regions posted healthy prelease velocity, with rates ranging from 82.6% to 85.7%, reflecting nationally diversified student housing demand.

• Properties within 0.5 miles of campus reached 85.2% preleased, outperforming other distance bands and reinforcing the premium for walkable locations.