3 months Ago
Decline Across Major Cities
The fall in demand has been particularly pronounced in a few cities with large student populations. Haarlem experienced the greatest decrease with a 33% drop in rooms. Amsterdam was close on its heels with almost 27 percent fewer listings, and in Breda, there were more than 25 percent fewer. In other cities, meanwhile, availability grew. There has been an increase of more than 28 per cent in Wageningen, and supply in Maastricht is 26 per cent up, demonstrating that the situation varies greatly across the country.
Average Rent and Total Listings
During the second quarter, the average monthly student room rent was €601. This was just shy of last year's figure of €598 during the same period, but it represented a fall from the first quarter of this year, when the average rent stood at €683. In the aggregate, the number of rooms listed dropped from 7,381 in the second quarter of last year to 7,238 this year.
Independent apartments were also on the list, but in a much smaller share. This category faced a 20 percent decline in availability, reducing what was a relatively small impact.
Long-Term Outlook
Looking forward, projections indicate that there will be an ongoing problem with a student housing vacuum. There are already significant numbers of new builds in the pipeline, but the country could still face a shortfall of more than 42,000 student housing places by 2032, according to projections.
