The 2021 NMHC Student Housing Income and Expense Benchmarking Survey is Now Available
Since it began in 2010, the survey has been a vital industry tool for student housing lenders, investors, owners and managers seeking financial guideposts against which to measure both projected and actual performance results.
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NMHC Member Price: $500 | Non-member Price: $1,000
The 2021 Survey (Based on 2020 Calendar-Year Data):
- 953 private off-campus student housing properties
- Nearly 185,000 units and 529,000 beds across 47 states.
What’s Included?
- Topline survey analysis by NMHC Research Department, includes breakdown by region and state as well as by property size, age, type (garden, mid-rise, high-rise) and distance from campus.
- Easily navigable Excel file with summary statistics for the 2020 calendar year
- Second Excel file with data on two-year growth rates (2018-2020) among a set of 479 same-store properties.
The amount of data covered by the report has quadrupled since it began.
Key findings from this year's report:
- COVID-19 led to higher vacancy costs and concession offerings
- Net rental income was higher in campus-adjacent and high-rise properties
- Mid-Atlantic and small properties reported lower vacancy costs
- Concessions were larger in Southeast and garden-style properties
- Operating expenses were lowest in newer properties
NMHC Member Price: $500 | Non-member Price: $1,000
