University of Kentucky

Enrollment

Of 34,709 students enrolled in fall 2024, 25,534 were undergraduates and 9,175 graduate students. 15% studied exclusively online, students who don't need a bed near campus. Headcount rose by 2,006 from fall 2023 (+6.1%).

Housing the college controls

IPEDS counts 8,923 beds of institutionally controlled housing for 2024-25. That figure is the school's own capacity, on or off campus, so it includes halls the college leases or manages but not private buildings that simply market to students. Capacity grew by 623 beds from the year before (8,300 in 2023-24).

What students pay

The typical 2024-25 housing charge for a student sharing a room was $10,750 for the academic year, roughly $1,194 a month spread over nine months. Food added $5,266. For aid purposes the school budgets $16,016 for food and housing on campus and $15,912 for a student living off campus away from family, $104 less.

Those are the college's own figures. Private by-the-bed rents near campus can sit well above or below them, so check current asking rents before you underwrite a project.

How lenders read a campus like this

With 34,709 students, most of them full-time, the campus clears the 10,000-student minimum in Fannie Mae's Multifamily Guide for Dedicated Student Housing (Part III, Chapter 1, section 103.01, effective September 28, 2026). Under sections 103.01 and 103.03 a property still has to sit within 2 miles of the campus boundary or near a college-run transit line, have operated a full school year, and lease at least 80% of units for 12 months.

To size a specific property, use the student housing loan sizer. It works by the bed and shows which constraint sets the loan.

Among the 9 Kentucky campuses on this site, University of Kentucky ranks first by full-time students beyond college housing. See the Kentucky table.