How much does it cost to build student housing in 2026? Student housing construction costs typically range from $200–$350 per square foot, with per-bed pricing averaging $90,000–$200,000+, depending on location, building type, density, and amenities. From traditional dormitories to off-campus apartment-style housing, this guide breaks down the key cost drivers, budgeting considerations, and construction strategies developers need to know. Backed by real-world experience from APX Construction Group, this article helps owners plan smarter, control construction costs, and deliver durable student housing built for long-term value and on-time occupancy.