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The Top 10 Most Expensive Cities for Student Housing

  • Updated Friday Aug 02 2024

The Top 10 Most Expensive Cities for Student Housing

The cost of student housing can vary significantly depending on the city and the local real estate market. As of recent data, some of the most expensive cities for student housing include:

 

 1. New York City, USA

   - Average Rent: $1,500 - $2,500+ per month for a single room in a shared apartment.

   - Why So Expensive? High demand, limited space, and proximity to world-renowned universities like NYU and Columbia.

 

 2. London, UK

   - Average Rent: £1,200 - £1,800+ per month for a single room.

   - Why So Expensive? London’s central location and the presence of many prestigious institutions, like UCL and LSE, drive up prices.

 

 3. San Francisco, USA

   - Average Rent: $1,500 - $3,000+ per month for a single room in a shared apartment.

   - Why So Expensive? The tech boom has led to a surge in housing costs, affecting students at nearby universities like Stanford and UC Berkeley.

 

 4. Sydney, Australia

   - Average Rent: AUD 1,000 - AUD 1,800+ per month for a single room.

   - Why So Expensive? High demand for housing in popular areas around universities such as the University of Sydney and UNSW.

 

 5. Paris, France

   - Average Rent: €800 - €1,500+ per month for a single room.

   - Why So Expensive? The city’s appeal, combined with limited affordable housing options, makes it costly for students attending institutions like Sorbonne University.

 

 6. Boston, USA

   - Average Rent: $1,200 - $2,500+ per month for a single room.

   - Why So Expensive? Home to many top universities (e.g., Harvard, MIT), Boston’s high concentration of students increases demand for housing.

 

 7. Hong Kong

   - Average Rent: HKD 7,000 - HKD 15,000+ per month for a single room.

   - Why So Expensive? Limited space and high real estate prices make student accommodation expensive in this densely populated city.

 

 8. Zurich, Switzerland

   - Average Rent: CHF 1,000 - CHF 2,000+ per month for a single room.

   - Why So Expensive? High living standards and the strong Swiss franc contribute to the high cost of living, including housing for students.

 

 9. Los Angeles, USA

   - Average Rent: $1,200 - $2,500+ per month for a single room.

   - Why So Expensive? Proximity to major universities like UCLA and USC, along with high housing demand, pushes up prices.

 

 10. Singapore

   - Average Rent: SGD 800 - SGD 2,000+ per month for a single room.

   - Why So Expensive? Singapore’s limited land and high cost of living impact student accommodation prices, especially near universities like NUS and NTU.

 

These prices are approximate and can vary depending on the specific location within the city, type of accommodation, and whether utilities and other amenities are included.

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