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    Student Accommodation Market

    ID: MRFR/CR/34833-HCR
    100 Pages
    Rahul Gotadki
    October 2025

    Student Accommodation Market Research Report By Accommodation Type (Purpose-Built Student Accommodation, Shared Accommodation, Homestays, Dormitories, Serviced Apartments), By End User (Domestic Students, International Students, Postgraduate Students, Undergraduate Students), By Amenities Offered (Wi-Fi, Laundry Facilities, Fitness Centers, Study Rooms, Social Lounges), By Management Type (Private Management, Public Management, Institutional Management) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Afri...

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    Student Accommodation Market Infographic

    Student Accommodation Market Summary

    As per MRFR analysis, the Student Accommodation Market was estimated at 21.16 USD Billion in 2024. The Student Accommodation industry is projected to grow from 22.26 USD Billion in 2025 to 37.01 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 5.21 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Student Accommodation Market is experiencing dynamic growth driven by evolving student needs and preferences.

    • The rise of hybrid living spaces is reshaping the traditional student accommodation landscape in North America.
    • Increased focus on wellness and mental health is becoming a priority for both domestic and international students in Asia-Pacific.
    • Technological integration in housing solutions is enhancing the living experience, particularly in Purpose-Built Student Accommodation.
    • The growing international student population and urbanization trends are key drivers propelling the market forward.

    Market Size & Forecast

    2024 Market Size 21.16 (USD Billion)
    2035 Market Size 37.01 (USD Billion)
    CAGR (2025 - 2035) 5.21%

    Major Players

    Unite Students (GB), Greystar (US), IQ Student Accommodation (GB), The Student Housing Company (GB), Scape (GB), Student Roost (GB), Haven Green (GB), Campus Living Villages (GB)

    Student Accommodation Market Trends

    The Student Accommodation Market is currently experiencing a dynamic evolution, driven by various factors that influence student housing preferences and availability. As educational institutions expand globally, the demand for suitable living arrangements continues to rise. This market is characterized by a diverse range of options, including purpose-built student accommodation, shared housing, and homestays. The increasing mobility of students, particularly international ones, has led to a greater emphasis on quality, convenience, and community in housing solutions. Furthermore, the integration of technology in property management and student services appears to enhance the overall living experience, making it more appealing to prospective tenants. In addition to the growing demand, sustainability has emerged as a pivotal consideration within the Student Accommodation Market. Many developers and operators are now prioritizing eco-friendly practices, such as energy-efficient buildings and sustainable materials. This shift not only aligns with the values of environmentally conscious students but also reflects a broader trend towards responsible consumption in the housing sector. As the market continues to adapt to these evolving preferences, it is likely that innovative solutions will emerge, catering to the diverse needs of students worldwide. The future landscape of student accommodation seems poised for further transformation, driven by changing demographics and technological advancements.

    Rise of Hybrid Living Spaces

    The Student Accommodation Market is witnessing a notable trend towards hybrid living spaces that combine residential and communal areas. These environments foster social interaction among students while providing essential amenities. Such arrangements may enhance the overall student experience, promoting collaboration and networking opportunities.

    Increased Focus on Wellness and Mental Health

    There is a growing emphasis on wellness and mental health within the Student Accommodation Market. Properties are increasingly incorporating features such as fitness centers, meditation rooms, and green spaces. This trend reflects a broader recognition of the importance of mental well-being in academic success and overall quality of life.

    Technological Integration in Housing Solutions

    The integration of technology in student housing is becoming more prevalent. Smart home features, online booking systems, and digital community platforms are enhancing the living experience. This trend indicates a shift towards more efficient and user-friendly accommodation options, appealing to tech-savvy students.

    The Global Student Accommodation Market is experiencing a notable shift towards more sustainable and technologically integrated living environments, reflecting the evolving preferences of the student demographic.

    U.S. Department of Education

    Student Accommodation Market Drivers

    Urbanization and Migration Trends

    Urbanization continues to shape the landscape of the Student Accommodation Market. As more individuals migrate to urban centers for educational opportunities, the demand for student housing in these areas intensifies. Data indicates that urban populations are projected to grow significantly, with many cities experiencing a surge in student enrollment. This trend necessitates the development of new accommodation facilities, particularly in proximity to universities and colleges. The Student Accommodation Market must respond to this demand by providing a range of housing options, from traditional dormitories to modern, purpose-built student residences. Additionally, urbanization often leads to higher living costs, which may influence students' choices regarding accommodation, thereby impacting market dynamics.

    Sustainability and Eco-Friendly Living

    Sustainability has emerged as a crucial consideration within the Student Accommodation Market. As awareness of environmental issues increases, students are increasingly seeking eco-friendly living options. This trend is reflected in the growing demand for sustainable housing solutions that minimize carbon footprints and promote energy efficiency. Many accommodation providers are responding by implementing green building practices and offering amenities that support sustainable living, such as recycling programs and energy-efficient appliances. The Student Accommodation Market must prioritize sustainability to attract environmentally conscious students and comply with regulatory standards. This focus on eco-friendly living not only benefits the environment but also enhances the overall appeal of accommodation offerings.

    Growing International Student Population

    The increasing number of international students pursuing higher education is a primary driver of the Student Accommodation Market. According to recent statistics, the number of international students has been steadily rising, with estimates suggesting that over 5 million students are studying abroad. This trend indicates a robust demand for suitable accommodation options tailored to the needs of these students. As educational institutions expand their global reach, the necessity for diverse housing solutions becomes apparent. The Student Accommodation Market must adapt to cater to various cultural preferences and living arrangements, thereby enhancing the overall student experience. Furthermore, the influx of international students often leads to increased competition among accommodation providers, prompting innovation and improved service offerings.

    Changing Student Demographics and Preferences

    The demographics of students are evolving, influencing the Student Accommodation Market in various ways. Today's students are more diverse in terms of age, background, and lifestyle preferences. This shift necessitates a reevaluation of accommodation options to cater to a broader range of needs. For instance, there is a growing preference for flexible living arrangements, such as short-term leases and co-living spaces. Additionally, students are increasingly valuing community and social interaction, prompting accommodation providers to create environments that foster collaboration and engagement. The Student Accommodation Market must adapt to these changing preferences by offering innovative housing solutions that resonate with the modern student experience.

    Technological Advancements in Accommodation Solutions

    The integration of technology into the Student Accommodation Market is transforming how students find and secure housing. Digital platforms and mobile applications are increasingly utilized for property searches, bookings, and management. This shift towards technology-driven solutions enhances accessibility and convenience for students, allowing them to make informed decisions. Moreover, smart home technologies are being incorporated into student residences, offering features such as energy efficiency and enhanced security. As the demand for tech-savvy living environments grows, accommodation providers must innovate to remain competitive. The Student Accommodation Market is likely to see a rise in partnerships with technology firms to develop tailored solutions that meet the evolving needs of students.

    Market Segment Insights

    By Type: Purpose-Built Student Accommodation (Largest) vs. Shared Accommodation (Fastest-Growing)

    The Student Accommodation Market is shaped by diverse types, among which Purpose-Built Student Accommodation (PBSA) stands out as the largest segment, catering extensively to the needs of students seeking quality housing. This segment has gained prominence due to its tailored amenities and strategic locations near educational institutions. Shared Accommodation follows closely, becoming increasingly popular for students seeking cost-effective living options that foster community living. Other types such as Homestays, Dormitories, and Serviced Apartments hold smaller shares but contribute to the overall diversity of the market.

    Shared Accommodation: Emerging vs. Purpose-Built Student Accommodation: Dominant

    Purpose-Built Student Accommodation is recognized for its tailored offerings designed specifically for student needs, including study areas, social spaces, and proximity to campuses, making it a dominant player in the market. Shared Accommodation, while an emerging segment, appeals to students looking for affordability and social environments, driving its rapid growth. Shared spaces not only reduce living costs but also encourage interaction among students, creating a vibrant community. Homestays offer cultural immersion, while Dormitories are often favored for their affordability but can lack privacy. Meanwhile, Serviced Apartments combine flexibility and comfort, attracting students who may require shorter stays.

    By End User: Domestic Students (Largest) vs. International Students (Fastest-Growing)

    The Student Accommodation Market has a diverse composition, with domestic students representing the largest segment, driven by the substantial number of students attending institutions within their home country. This segment benefits from stable demand, as a significant portion of the student population opts for local education, often requiring nearby accommodation for convenience. In contrast, international students are rapidly increasing, as more students are seeking educational opportunities abroad, leading to a growing demand for suitable accommodation options. This growth is fueled by global higher education trends and increasing mobility among young people.

    Domestic Students: Established (Dominant) vs. International Students: Expanding (Emerging)

    Domestic students form the backbone of the Student Accommodation Market, characterized by a well-established presence in local educational institutions. This segment tends to show a preference for affordable and conveniently located housing options, often opting for residences that facilitate their academic pursuits. Meanwhile, international students are emerging as a significant segment, representing a growing trend in global education. They often seek high-quality accommodation that offers a supportive community and additional amenities, reflecting their unique needs as they transition to studying in a new country. This distinctiveness makes the international student segment a dynamic market, promoting diversity and innovation in accommodation offerings.

    By Amenities Offered: Wi-Fi (Largest) vs. Laundry Facilities (Fastest-Growing)

    In the Student Accommodation Market, the distribution of amenities offered reveals a clear preference among students. Wi-Fi stands out as the dominant feature, embracing a significant majority due to its essential role in modern education and connectivity. Following Wi-Fi, laundry facilities also hold considerable importance, although they attract less attention compared to digital amenities. Other facilities, such as fitness centers, study rooms, and social lounges, contribute to the appeal of student accommodations but do not command the same level of market share as these two.

    Wi-Fi (Dominant) vs. Laundry Facilities (Emerging)

    Wi-Fi has emerged as a non-negotiable amenity in student accommodations, driving demand for properties that provide high-speed internet access. It enhances the educational experience by enabling seamless connectivity for research, online courses, and communication. Conversely, laundry facilities are increasingly being recognized as an essential, albeit secondary, amenity. With a growing number of students seeking convenience, laundry services within accommodations are becoming increasingly favored. This shift is catalyzed by the evolving lifestyle preferences of students who value on-site solutions that integrate harmoniously with their day-to-day routines.

    By Management Type: Private Management (Largest) vs. Public Management (Fastest-Growing)

    The Student Accommodation Market is distinctly influenced by various management types, with Private Management holding the largest share. This segment benefits from strong investment and a diverse range of facilities, appealing particularly to international students and young professionals. Public Management follows, capturing attention with its community-focused approach and affordability, making it a popular choice among domestic students. Institutional Management, while smaller in market share, still plays a significant role in providing tailored accommodations for students linked to universities or colleges, ensuring that specific needs are met for this demographic.

    Private Management (Dominant) vs. Institutional Management (Emerging)

    Private Management in the Student Accommodation Market is characterized by its extensive portfolio of high-quality housing options that cater to a wide array of student needs. This segment often emphasizes luxurious amenities and proximity to educational institutions, making it the preferred choice for many students. In contrast, Institutional Management, while currently an emerging player, is quickly gaining traction as universities and colleges expand their housing offerings. This type focuses on providing functional, affordable accommodation options specifically designed for students, ensuring a good balance between quality and cost-effectiveness. As trends evolve, the dynamics between these two management types will significantly shape the future of student housing.

    Get more detailed insights about Student Accommodation Market

    Regional Insights

    North America : Growing Demand for Housing

    The North American student accommodation market is driven by increasing enrollment in higher education institutions and a growing preference for purpose-built student housing. The U.S. holds the largest market share at approximately 60%, followed by Canada at around 25%. Regulatory support for student housing development, including zoning reforms and funding initiatives, further fuels this growth. Leading countries in this region include the United States and Canada, with a competitive landscape featuring major players like Greystar and Campus Living Villages. The presence of these key players enhances the quality and availability of student accommodation, catering to diverse student needs. The market is characterized by a mix of private and public investments, ensuring a robust supply of housing options.

    Europe : Diverse Market Dynamics

    The European student accommodation market is experiencing significant growth, driven by rising international student enrollment and a shift towards high-quality living spaces. The UK is the largest market, holding approximately 40% of the share, followed by Germany at around 20%. Regulatory frameworks across various countries are increasingly supportive of student housing developments, promoting investment and innovation in the sector. Key players in Europe include Unite Students and IQ Student Accommodation, which dominate the market with their extensive portfolios. Countries like Germany and the Netherlands are also emerging as competitive landscapes, with increasing investments in student housing. The market is characterized by a mix of private and institutional investors, enhancing the overall quality and availability of accommodation options for students.

    Asia-Pacific : Emerging Market Potential

    The Asia-Pacific student accommodation market is rapidly expanding, driven by a surge in international student mobility and increasing domestic enrollment. Australia leads the market with approximately 35% share, followed closely by China at around 30%. Regulatory support, including government initiatives to enhance housing availability, is a key driver of this growth, fostering a favorable environment for investment in student accommodation. Countries like Australia and China are at the forefront of this market, with significant contributions from key players such as Scape and Student Roost. The competitive landscape is evolving, with a mix of local and international investors entering the market. This dynamic environment is enhancing the quality and diversity of accommodation options available to students, catering to their varied needs and preferences.

    Middle East and Africa : Untapped Market Opportunities

    The Middle East and Africa student accommodation market is in its nascent stages but shows promising growth potential, driven by increasing educational opportunities and a rising number of international students. South Africa is the largest market, holding approximately 30% of the share, followed by the UAE at around 20%. Regulatory frameworks are gradually evolving to support the development of student housing, encouraging investment in this sector. Leading countries in this region include South Africa and the UAE, with a competitive landscape that is beginning to attract key players. The market is characterized by a mix of private developers and institutional investors, aiming to meet the growing demand for quality student accommodation. As educational institutions expand, the need for adequate housing solutions is becoming increasingly critical, presenting significant opportunities for growth.

    Key Players and Competitive Insights

    The Student Accommodation Market is currently characterized by a dynamic competitive landscape, driven by increasing demand for quality housing among students globally. Key players such as Unite Students (GB), Greystar (US), and IQ Student Accommodation (GB) are strategically positioned to capitalize on this demand through various operational focuses. Unite Students (GB) emphasizes innovation in its service offerings, particularly through the integration of technology to enhance the student living experience. Greystar (US), on the other hand, is actively pursuing regional expansion, particularly in high-demand urban areas, thereby solidifying its market presence. Meanwhile, IQ Student Accommodation (GB) is focusing on partnerships with educational institutions to create tailored living solutions, which collectively shapes a competitive environment that is increasingly centered around quality and service differentiation.

    The business tactics employed by these companies reflect a moderately fragmented market structure, where localized strategies and supply chain optimization play crucial roles. The influence of these key players is significant, as they not only set benchmarks for service quality but also drive innovation within the sector. Their ability to adapt to local market conditions while maintaining operational efficiency is vital for sustaining competitive advantages.

    In August 2025, Unite Students (GB) announced a partnership with a leading technology firm to develop a smart living platform aimed at enhancing student engagement and community building. This strategic move is likely to position Unite Students at the forefront of digital transformation in the accommodation sector, potentially attracting tech-savvy students who prioritize modern living environments.

    In September 2025, Greystar (US) completed the acquisition of a portfolio of student housing properties in key metropolitan areas, significantly expanding its footprint. This acquisition not only enhances Greystar's market share but also allows for economies of scale in operations, which could lead to improved service delivery and cost efficiencies.

    In July 2025, IQ Student Accommodation (GB) launched a sustainability initiative aimed at reducing carbon emissions across its properties. This initiative underscores the growing importance of sustainability in the student accommodation sector, appealing to environmentally conscious students and aligning with global trends towards greener living solutions.

    As of October 2025, the competitive trends within the Student Accommodation Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are becoming more prevalent, as companies seek to leverage complementary strengths to enhance service offerings. Looking ahead, competitive differentiation is expected to evolve from traditional price-based competition towards a focus on innovation, technology integration, and supply chain reliability, reflecting a broader shift in consumer expectations and market dynamics.

    Key Companies in the Student Accommodation Market market include

    Industry Developments

    Recent developments in the Student Accommodation Market indicate a robust growth trajectory, driven by increasing enrollment in higher education and rising demand for comfortable living options among students. Companies such as Unite Students and IQ Student Accommodation are expanding their portfolios through strategic developments to enhance their market presence. Greystar has been active in consolidating its assets, positioning itself as a leading provider in this sector. Major acquisitions have also occurred, with Blackstone making significant investments in student housing, further emphasizing the sector's attractiveness to institutional investors. Meanwhile, Scape has expanded its footprint by acquiring properties in lucrative university towns.

    The overall valuation of the market is on the rise, attributed to the growing trend of students prioritizing high-quality amenities and community features in their accommodation search. As demand continues to exceed supply in prime locations, firms like CA Ventures and Mackenzie Stuart are stepping up their development efforts, making substantial contributions to market growth. Additionally, Apartments for Students and The Student Housing Company are actively entering new markets, showcasing the competitive landscape of this vibrant sector reflecting ongoing investment and development trends.

    Future Outlook

    Student Accommodation Market Future Outlook

    The Student Accommodation Market is projected to grow at a 5.21% CAGR from 2024 to 2035, driven by increasing student enrollment, urbanization, and demand for quality living spaces.

    New opportunities lie in:

    • Integration of smart home technologies in student housing
    • Development of eco-friendly accommodation options
    • Partnerships with universities for exclusive housing agreements

    By 2035, the market is expected to be robust, catering to evolving student needs and preferences.

    Market Segmentation

    Student Accommodation Market Type Outlook

    • Purpose-Built Student Accommodation
    • Shared Accommodation
    • Homestays
    • Dormitories
    • Serviced Apartments

    Student Accommodation Market End User Outlook

    • Domestic Students
    • International Students
    • Postgraduate Students
    • Undergraduate Students

    Student Accommodation Market Management Type Outlook

    • Private Management
    • Public Management
    • Institutional Management

    Student Accommodation Market Amenities Offered Outlook

    • Wi-Fi
    • Laundry Facilities
    • Fitness Centers
    • Study Rooms
    • Social Lounges

    Report Scope

    MARKET SIZE 202421.16(USD Billion)
    MARKET SIZE 202522.26(USD Billion)
    MARKET SIZE 203537.01(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)5.21% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesIntegration of smart technology in Student Accommodation Market enhances living experiences and operational efficiency.
    Key Market DynamicsRising demand for flexible living arrangements drives innovation in student accommodation offerings and competitive market dynamics.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

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    FAQs

    What is the current valuation of the Student Accommodation Market?

    The overall market valuation was 21.16 USD Billion in 2024.

    What is the projected market size for the Student Accommodation Market by 2035?

    The projected valuation for the Student Accommodation Market is 37.01 USD Billion by 2035.

    What is the expected CAGR for the Student Accommodation Market during the forecast period?

    The expected CAGR for the Student Accommodation Market from 2025 to 2035 is 5.21%.

    Which segment of student accommodation is projected to have the highest growth?

    Purpose-Built Student Accommodation is projected to grow from 8.0 to 14.0 USD Billion by 2035.

    How do domestic and international student accommodation markets compare?

    The domestic student accommodation market is expected to grow from 5.0 to 9.0 USD Billion, while the international segment is projected to increase from 3.0 to 5.5 USD Billion by 2035.

    What amenities are most sought after in student accommodation?

    Wi-Fi is anticipated to grow from 4.5 to 8.0 USD Billion, indicating its high demand among students.

    Which management type is expected to dominate the Student Accommodation Market?

    Private management is projected to lead the market, growing from 8.49 to 14.83 USD Billion by 2035.

    What role do key players like Unite Students and Greystar play in the market?

    Key players such as Unite Students and Greystar are instrumental in shaping the market dynamics and driving growth.

    What is the growth outlook for shared accommodation in the coming years?

    Shared accommodation is expected to increase from 5.0 to 9.0 USD Billion by 2035, reflecting a growing preference among students.

    How does the postgraduate student accommodation segment compare to undergraduates?

    The postgraduate student accommodation segment is projected to grow from 4.0 to 7.0 USD Billion, while undergraduate accommodation is expected to rise from 9.16 to 15.51 USD Billion by 2035.

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