They hope the data will influence city decisions.
Students who requested to have their on-campus apartment leases terminated will receive credit for the fall semester, per the agreement.
Some community members are still concerned the housing isn't affordable for students.
They're aiming to open housing to students by August 2022.
The council is slated to vote on the proposal next week.
The complex, called The Standard, will include 283 apartment units.
Monthly rents increased by more than $30 in at least three nearby apartment complexes in 2019.
It's due to changes involving housing priority and enrollment tracking.