CITIES IN FOCUS
2018 GLOBAL STUDENT ACCOMMODATION INDICATOR KEY FINDINGS
Globally, students in ALBACETE spend the least on their accommodation rent, followed by students in JOHANNESBURG and SINGAPORE. Students in BOSTON spend the most, followed by NEW YORK and LONDON.
The average weekly spend on rent worldwide is approximately $214 USD per week.
On average, students in AUSTRALIA spend the most on their weekly rent – 19 PERCENT more than the global average.
METHODOLOGY The results in this report are gleaned from a representative sample size of more than 12,000 students who booked accommodation in 125 cities around the world via Student.com between 1 November 2016 and 31 October 2017.
Rental prices in the global rankings were converted into US Dollars at the time of booking, based on current exchange rates.
2 GLOBAL MOST EXPENSIVE CITIES
AVERAGE CITY COUNTRY WEEKLY RENT SPEND (USD)
1 BOSTON UNITED STATES $464
2 NEW YORK UNITED STATES $402
3 LONDON UNITED KINGDOM $339
4 SYDNEY AUSTRALIA $305
5 SEATTLE UNITED STATES $281
6 PROVIDENCE UNITED STATES $278
7 SAN DIEGO UNITED STATES $275
8 OXFORD UNITED KINGDOM $271
9 DUBLIN IRELAND $269
10= CAMBRIDGE UNITED KINGDOM $257
10= LOS ANGELES UNITED STATES $257
12 READING UNITED KINGDOM $254
13 MELBOURNE AUSTRALIA $247
14 CHICAGO, IL UNITED STATES $243
15 PHILADELPHIA UNITED STATES $238
16 WOLLONGONG AUSTRALIA $236
17 YORK UNITED KINGDOM $235
18 TORONTO CANADA $231
19 COLLEGE PARK UNITED STATES $228
20 PARIS FRANCE $226
Global Average Weekly Rent Spend: $214 USD
3 GLOBAL LEAST EXPENSIVE CITIES
AVERAGE CITY COUNTRY WEEKLY RENT SPEND (USD)
1 ALBACETE SPAIN $60
2 JOHANNESBURG SOUTH AFRICA $76
3 SINGAPORE SINGAPORE $94
4 MURCIA SPAIN $96
5 GRANADA SPAIN $101
6 TALLAHASSEE UNITED STATES $109
7 ATHENS, GA UNITED STATES $110
8= COLUMBIA, MO UNITED STATES $111
8= ALCALÁ DE HENARES SPAIN $111
10 DERBY UNITED KINGDOM $115
11 MOUNT PLEASANT, MI UNITED STATES $116
12 GAINESVILLE UNITED STATES $117
13 AUBURN, AL UNITED STATES $119
14= COLLEGE STATION UNITED STATES $120
14= NUREMBERG GERMANY $120
14= EAST LANSING UNITED STATES $120
14= ERLANGEN GERMANY $120
18 SUNDERLAND UNITED KINGDOM $121
19 MURFREESBORO UNITED STATES $123
20 OXFORD, OH UNITED STATES $124
Global Average Weekly Rent Spend: $214 USD
4 AUSTRALIA
AVERAGE CITY WEEKLY RENT SPEND (AUD)
1 SYDNEY $405
2= MELBOURNE $323
2= WOLLONGONG $323
4 ADELAIDE $282
5 BRISBANE $275
6 PERTH $240
7 CANBERRA $209
8 NEWCASTLE $189
Australia Average Weekly Rent Spend: $339 AUD ($255 USD)
5 CANADA
AVERAGE CITY WEEKLY RENT SPEND (CAD)
1 TORONTO $291
2 OTTAWA $231
3 MONTREAL $194
4 VANCOUVER $186
5 LONDON, ON $184
6 WATERLOO, ON $163
Canada Average Weekly Rent Spend: $207 CAD ($159 USD)
6 FRANCE
AVERAGE CITY WEEKLY RENT SPEND (EUR)
1 PARIS €197
2 BORDEAUX €165
3 TOURS €127
4 DIJON €126
5 MONTPELLIER €110
France Average Weekly Rent Spend: €175 EUR ($201 USD)
7 SPAIN
AVERAGE CITY WEEKLY RENT SPEND (EUR)
1 MADRID €156
2 BARCELONA €124
3 GIRONA €122
4 PAMPLONA €110
5 ALCALÁ DE HENARES €99
6 GRANADA €95
7 MURCIA €81
8 ALBACETE €53
Spain Average Weekly Rent Spend: €120 EUR ($136 USD)
8 UK MOST EXPENSIVE CITIES
AVERAGE CITY WEEKLY RENT SPEND (GBP)
1 LONDON £263
2 OXFORD £208
3 CAMBRIDGE £199
4 READING £196
5 YORK £183
6 EXETER £174
7 BRISTOL £172
8 EDINBURGH £160
9 BIRMINGHAM £155
10 MANCHESTER £153
11 ABERDEEN £152
12= SOUTHAMPTON £150
12= BELFAST £150
14 COVENTRY £149
15= DURHAM £145
15= CHESTER £145
17 BANGOR £140
18= GLASGOW £139
18= CARDIFF £139
20 LEEDS £137
UK Average Weekly Rent Spend: £165 GBP ($212 USD)
9 UK LEAST EXPENSIVE CITIES
AVERAGE CITY WEEKLY RENT SPEND (GBP)
1 DERBY £89
2 SUNDERLAND £93
3= PRESTON £97
3= BRADFORD £97
5 WOLVERHAMPTON £98
6 HULL £99
7 STOKE-ON-TRENT £100
8 DUNDEE £106
9 LANCASTER £109
10 LOUGHBOROUGH £111
11 HUDDERSFIELD £112
12 LINCOLN £118
13= LIVERPOOL £122
13= LUTON £122
15 SHEFFIELD £125
16 NOTTINGHAM £127
17 SWANSEA £131
18= PLYMOUTH £133
18= LEICESTER £133
20 NEWCASTLE UPON TYNE £134
UK Average Weekly Rent Spend: £165 GBP ($212 USD)
10 US MOST EXPENSIVE CITIES
AVERAGE CITY WEEKLY RENT SPEND (USD)
1 BOSTON $464
2 NEW YORK $402
3 SEATTLE $281
4 PROVIDENCE $278
5 SAN DIEGO $275
6 LOS ANGELES $257
7 CHICAGO, IL $243
8 PHILADELPHIA $238
9 COLLEGE PARK $228
10 MINNEAPOLIS $215
11 WASHINGTON, D.C $209
12 SYRACUSE $204
13 ATLANTA $203
14 SAVANNAH $202
15 CINCINNATI $200
16= RIVERSIDE, CA $191
16= NEWARK, DE $191
18 BUFFALO, NY $188
US Average Weekly Rent Spend: $204 USD
11 US LEAST EXPENSIVE CITIES
AVERAGE CITY WEEKLY RENT SPEND (USD)
1 TALLAHASSEE $109
2 ATHENS, GA $110
3 COLUMBIA, MO $111
4 MOUNT PLEASANT, MI $116
5 GAINESVILLE $117
6 AUBURN, AL $119
7= COLLEGE STATION $120
7= EAST LANSING $120
9 MURFREESBORO $123
10 OXFORD, OH $124
11 LINCOLN, NE $126
12 WEST LAFAYETTE $131
13 TUCSON $134
14 NORMAN $139
15 AMES, IA $147
16 TEMPE $153
17 COLUMBUS, OH $154
18 ARLINGTON, TX $155
US Average Weekly Rent Spend: $204 USD
12 ABOUT STUDENT.COM Student.com is the largest marketplace for student accommodation globally, listing more than one million beds in over 400 cities worldwide. The company seeks to simplify the student housing booking process through a free global service that puts security and ease-of-use first.
To date, the company has raised $70 million from investors including VY Capital, Li Ka-Shing’s Horizons Ventures, Expa, Spotify founders Daniel Ek and Martin Lorentzon, Facebook VR’s Hugo Barra, and Breyer Capital’s Jim Breyer.
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