The Wright State Guardian, September 26, 2024, Rising Rent And Dorm Prices In Dayton
There is no doubt rent prices are increasing for Generation Z.
The National Community Reinvestment Coalition says, “On average, the study found, Gen Z-ers — born between 1994 and 2000 — will spend about $145,000 on rent by their 30th birthdays, while millennials — born between 1981 and 1996 — spent $127,000 during the same stage of life.”
And according to Statistca.com, “57 percent of Generation Z was enrolled in college in 2018 compared to 43 percent of Gen Xers in 1987.”
Therefore, many members of Gen Z are likely to be affected by rent and university housing prices as they increase.