The main purpose of the Studentboet is to make it easier for newly admitted and established students to find accommodation in Uppsala municipality. This is achieved by, among other things, disseminating information about the conditions of students on the housing market to the general public, reviewing advertisements from private individuals who wish to rent out their accommodation via Studentboet.se. Another important part of Studentboet's activities is to contribute with free housing legal advice to students.

Studentboet is financed by funds from Uppsala Municipality, Uppsala University and the Swedish University of Agricultural Sciences, but its activities are carried out by Uppsala Student Union.