The 2012 Off-Campus Student Housing Income and Expense Survey report is the only tool of its kind, designed to assist student housing owners and operators in comparing operating costs against that of their peers.  Conducted by NMHC’s National Student Housing Council (NSHC), the third annual survey provides data on 370 properties from 25 companies in 46 states.  In addition to the broader data set, the 132- page survey includes select regional results and state-level data for Alabama, Florida, Georgia, Indiana, Michigan, North Carolina, Ohio and Texas.

Key Data Points Include:

1. Net Rent
2. Taxes
3. Turnover
4. Utilities
5. Late Fee Income
6. Operating Expenses
7. Maintenance & Repairs
8. Compensation
9. Insurance
10. Marketing

The results are shown both in absolute dollar figures per bed as well as a percent of net rental income. In each of the tables the 10th, 50th and 90th percentile results as well as the average result is provided. Where sufficient data was available, it is also broken out further by:

1. Type of lease: by-the-bed and by-the-unit;
2. Type of property: garden or mid-rise; and
3. Age of property: 2006-present; 2000-2005; Before 2000.
4. Size of property: 200 or fewer beds, 201-600 beds, 601 or more beds.
5. Management type: owned and managed, managed only.

Purchase a copy here.

PRICING AND ORDERING INFORMATION

Off-Campus Student Housing: 2012 Income and Expense Benchmarking Survey

• $750 for NMHC members
• $1,500 for non-members. 
• To order the report, click here.

NMHC Student Housing Research Package: All of the NMHC annual student housing research reports.

• $1,700 for NMHC members
• $2,500 for non-members
• To order the package, click here.
  • NMHC Members: Be sure you are logged in to receive the member price.

ADDITIONAL NMHC STUDENT HOUSING RESEARCH

• 2011 Off-Campus Student Housing: Income and Expense Benchmarking Survey
• 2010 Off-Campus Student Housing: Income and Expense Benchmarking Survey
• NMHC Special Student Housing Report: Has the Recession Had an Impact? 
• On-Campus Housing Costs: More than Meets the Eye
• What Do Students Want: Understanding Today’s Off-Campus Student Housing Market.  
• Student Housing 201: 2004-2006 Rent Growth in 64 College Towns. 
• Student Housing 101: Where are the Opportunities?  
• Student Housing 102: An In-Depth Look at Properties Leased By-the-Bed
• Student Housing 103: A Survey of 184 University Housing Departments.