Aug 2, 2016
Stellar performance of incoming student beds in A&M, Tech, Baylor
TEXAS - Axiometrics, which analyzes real estate trends nationwide, found that the student housing sector has continued strong performance during fall 2016 and will continue to grow next year. Developers have been...
TEXAS – Axiometrics, which analyzes real estate trends nationwide, found that the student housing sector has continued strong performance during fall 2016 and will continue to grow next year. 
Developers have been active building housing for students in college towns, according to Axiometrics.
Three Texas schools are among the top ten cities with the most off-campus student housing supply coming online in 2016:
- Texas A&M University,
- Baylor University, and
- Texas Tech
Axiometrics found that 47,700 new beds are expected to be delivered by the time students arrive in the fall.
Next year, 43,800 new beds will be delivered. This includes a 792-bed project in College Station aimed at Aggies.
Nationwide, rents for this type of private student housing has grown 2.3 percent from the same period last year. Those housing units close to campus carry a premium.
The report found that rent growth for privately owned properties aimed at students is higher than in previous years, leasing velocity is in line with last year’s record pace and few delays have been identified so far.
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