Senator Laura Harmon says Further and Higher Education Minister and Kildare North TD James Lawless must protect students from rent hikes.
The Department of Higher Education has proposed private providers should be allowed increase rent for students.
The next reset of market rents is not allowed until 2029, but the Purpose-Built Student Accommodation Council of Ireland says an earlier reset is needed to attract private developers into the sector.
It is understood that a source close to the Higher Education Minister James Lawless denied such a change would hike rents, and instead will address the shortage of beds for students.
Daniel Walsh, Vice-President for the Dublin-region at student group AMLÉ, says college-goers are struggling to afford basic groceries due to high private rents.
While Senator Laura Harmon says Further and Higher Education Minister and Kildare North TD James Lawless must protect students from rent hikes.
She said students are already spending "extortionate" amounts.
Speaking to Kfm News, Deputy Lawless said the student accommodation strategy is still being developed but is now at an "advanced" stage.
He said its aim is twofold: to ensure new purpose-built student beds that already have planning permission are financially viable and delivered, while also addressing affordability, so students can access accommodation at rents "they can manage".

Kfm Obituary Notices
Naas Hospital Asks "Non-Emergency" Patients To Consider Other Healthcare Options
Residents On Busy Maynooth Road Raise Speeding Concerns
Athy Band 'Sitting Room' Reach Irish Music Month National Finale
Tallaght Hospital Set To Withdraw Post-Mortem Cover Services From Naas Hospital In 2027
Kildare Motorist Caught Speeding Was In Rush To Buy Pizza Before Takeaway Closed