A bullet bar chart comparing the change in average rent for student housing and market-rate housing in 114 U.S. metro areas from 2020 to 2025. In Iowa City, Iowa, student rent grew by nearly 18%, far faster than market-rate rent, which grew by 4.7%. In contrast, rent for market-rate housing in Spokane, Wash. grew far faster than student housing, with a gap of about 45 percentage points. In Portland, student rent increased by 18% and market-rate by 25%.