Students dominate the September rental market

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.