July is the busiest month for co-living in the capital with 15% of annual move-ins, analysis from co-living operator bamco has found.
After that comes August (14%), while the quietest month is January, with 4% of move-ins.
Before the pandemic co-living demand was more evenly distributed through the months.
Co-living is a modern model where people rent private furnished bedrooms but share common spaces like kitchens, lounges and workspaces.
Alex Gibbs, co-founder and director of bamco, said: “The most striking takeaway from our 2025 data is how much more seasonal the market has become compared to the pre-pandemic era, when move-ins were relatively evenly spread across the calendar.
“Today, nearly a third of annual activity is concentrated within July and August alone, which shows that renters are increasingly moving in sync; often aligning relocations around career transitions, academic schedules and lifestyle-driven decisions.
“One consequence of this shift is that we’re seeing clearer pricing dynamics emerge. The intense concentration of demand during the summer is creating upward pressure on rental prices during peak months, whilst quieter winter periods are introducing more downward pressure as supply and demand rebalance.
“It’s also possible that this increased seasonality is partly a legacy of the pandemic itself. Coming out of lockdown in the spring for consecutive years prompted many people to return to cities at similar times, particularly during the summer months. That may have unintentionally aligned rental cycles across large groups of residents, creating a ripple effect that continues to shape market behaviour today.”
