Students Dominate the September Rental Market

26th September 2024

• As a new academic year gets underway, young people across the country are busy leaving the family home and moving to new cities.
• HESA (Higher Eduation Statistics Agency) estimates 2.9 million students were in higher education in 2022/23, 22% more than 5 years before.
• A large proportion of students will be accommodated in the private rented sector. In fact, one in five renters moving into new homes in September will be students.
• In some key student cities (for example Bath, Exeter, Nottingham, Oxford), more than 40% of new renters in September will be students.

Source: Dataloft Rental Market Analytics by PriceHubble, average September figure for 2017-2024, HESA.