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The York Student Rental Market: Challenges and Smarter Deposit Solutions

June 24, 2025
York student rental market

The York student rental market is growing rapidly, driven by the demand from the University of York and York St John University. With thousands of students competing for limited housing, landlords and agents face increased pressure to deliver flexible, secure, and cost-effective rental solutions. And for students, managing upfront costs—especially traditional rental deposits—can be a financial hurdle.

That’s where innovative deposit alternatives like DepositPass come in.

Why York’s Market is Under Pressure

According to recent housing reports, York has one of the most underserved student housing markets in the UK. Purpose-built student accommodations (PBSAs) and local HMOs fill fast, and landlords often require deposits of up to five weeks’ rent. Many students, especially international or first-year students, struggle to pay both the first month’s rent and deposit at once.

In such a competitive environment, offering more accessible rental terms can set landlords and agents apart, while attracting first time tenants like students.

DepositPass: A Smart Fit for York

DepositPass allows students to assign an existing savings account or insurance savings policy as a rental security—meaning no upfront cash is removed from their account. This lets tenants secure accommodation while continuing to earn interest on their funds.

For landlords and agents, DepositPass offers the same protection as a traditional deposit, with a streamlined, fully digital process. Our platform ensures transparency, efficiency, and peace of mind for all parties.

Opportunities for Local Partners

DepositPass is actively partnering with student housing providers, letting agents, and even local banks and credit unions in York. Our goal is to make the York student rental market more accessible and sustainable—for students, landlords, agents and providers alike. Want to learn more how you can benefit with Derpositpass? Visit depositpass.com to explore our solutions.

We’re proud to be a Recognised Service Provider of the York Residential Landlords Association, helping support the city’s rental community with smart, secure, and scalable deposit alternatives.