{"id":6009,"date":"2017-08-30T00:00:00","date_gmt":"2017-08-30T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/20-biggest-college-town-rent-hikes\/"},"modified":"2019-05-06T00:26:06","modified_gmt":"2019-05-06T00:26:06","slug":"20-biggest-college-town-rent-hikes","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/20-biggest-college-town-rent-hikes\/","title":{"rendered":"20 Biggest College Town Rent Hikes"},"content":{"rendered":"

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Proximity to highly regarded colleges comes at a price, according to a new study released by HomeUnion, an online residential real estate investment management firm.<\/a><\/p>\n

Students living within a two-mile radius of the University of California, Los Angeles, and Stanford University face the highest rents in the nation, according to the analysis. Median rents near Stanford were $6,066 per month; UCLA topped $5,158.<\/p>\n

HomeUnion researchers also compared the median rent for those within a two-mile radius of campuses belonging to colleges with enrollments of at least 15,000 students with the metro area\u2019s market-rate rent. Though students at UCLA pay less in rent<\/strong> than those at Stanford, the premium they pay compared to nearby neighbors is a whopping 85.2 percent above the local market rate.<\/p>\n

\u201cTuition for many institutions of higher learning is soaring, forcing students and their families to opt to reside in single-family rentals and other living situations off-campus,\u201d says Steve Hovland, director of research at HomeUnion. \u201cTo minimize living expenses, students can rent properties further than two miles from campus or choose to have roommates in rental homes. This study illustrates where living near campus is disproportionately more expensive than the market as a whole, and off-campus housing<\/a> may eat into their college savings.\u201d<\/p>\n

The following are the college towns with the most expensive off-campus rents, according to the HomeUnion study:<\/p>\n

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Source: HomeUnion<\/em><\/p>\n<\/div>\n<\/div>\n

Realtors.org <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

  Proximity to highly regarded colleges comes at a price, according to a new study released … 20 Biggest College Town Rent Hikes<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":6010,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[4751,12908,543,127,344,41,818,84,116,479,85,678],"class_list":["post-6009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-amazing","tag-home","tag-home-buying-guide","tag-homes","tag-housing","tag-property","tag-real","tag-real-estate","tag-real-estate-investment","tag-realtor","tag-rent","tag-rental"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/DN_colleges_HomeUnion%20chart.png?fit=603%2C570&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":7909,"url":"https:\/\/amazingproperty.com.ng\/blog\/the-most-affordable-rental-housing-markets\/","url_meta":{"origin":6009,"position":0},"title":"The Most Affordable Rental Housing Markets","author":"Amazing Property","date":"January 26, 2018","format":false,"excerpt":"Major metros can still offer bargains for investors. Chicago emerged at the top of the list as the most affordable metro for renters, according to newly released rankings by HomeUnion, a real estate investment management firm. Chicago was the only metro nationwide in its analysis where renters, in general, spent\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Homeunion Affordable1.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Homeunion_affordable1.png?fit=392%2C258&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7766,"url":"https:\/\/amazingproperty.com.ng\/blog\/best-places-to-buy-rental-properties-this-winter\/","url_meta":{"origin":6009,"position":1},"title":"Best Places to Buy Rental Properties This Winter","author":"Amazing Property","date":"January 9, 2018","format":false,"excerpt":"The winter off-peak period may be the best time for investors to snag\u00a0a deal on a single-family rental property. Single-family rental investors paid 6.6 percent less per square foot on the same property during the winter of 2017\/2018 than they did during the spring and summer buying season of 2017,\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Homeunion.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/HomeUnion.png?fit=1200%2C967&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/HomeUnion.png?fit=1200%2C967&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/HomeUnion.png?fit=1200%2C967&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/HomeUnion.png?fit=1200%2C967&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/HomeUnion.png?fit=1200%2C967&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":2967,"url":"https:\/\/amazingproperty.com.ng\/blog\/have-rents-finally-hit-the-peak\/","url_meta":{"origin":6009,"position":2},"title":"Have Rents Finally Hit the Peak?","author":"Amazing Property","date":"April 4, 2017","format":false,"excerpt":"The pace of rising rents is slowing in many of the priciest markets and is now spreading to other parts of the country. That\u2019s good news for renters, especially those who are looking to save more to buy a house one day. Read more: Where Investors Are Upping Rental Costs\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4452,"url":"https:\/\/amazingproperty.com.ng\/blog\/where-investors-get-the-biggest-returns\/","url_meta":{"origin":6009,"position":3},"title":"Where Investors Get the Biggest Returns","author":"Amazing Property","date":"May 8, 2017","format":false,"excerpt":"Soaring home prices aren't denting investors' appetite in many markets. \"We are seeing more investors and new investors,\" says Steve Hovland, director of research at HomeUnion, a real estate investment marketplace. \"The Fed has really been helping us out. Interest rates are not as high as they have been in\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":719,"url":"https:\/\/amazingproperty.com.ng\/blog\/10-top-rental-markets-for-investors\/","url_meta":{"origin":6009,"position":4},"title":"10 Top Rental Markets for Investors","author":"Amazing Property","date":"February 10, 2017","format":false,"excerpt":"[ad_1] Atlanta is HomeUnion\u2019s latest top pick as the market that could offer the best opportunities for single-family rental investors. Home prices in Atlanta have yet to recover as solidly as other markets so investors there are more likely to jump in at a lower cost, yet still be able\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27072,"url":"https:\/\/amazingproperty.com.ng\/blog\/build-to-rent-is-gaining-traction-in-australia\/","url_meta":{"origin":6009,"position":5},"title":"Build To Rent is gaining traction in Australia","author":"Amazing Property","date":"January 9, 2022","format":false,"excerpt":"See the benefits of build to rent for tenants. Well-established in the United Kingdom and United States, the build-to-rent property development model is gaining traction in Australia . Different to the traditional build-to-sell approach which dominates the Australian property landscape, build-to-rent \u2013 sometimes called \u201cmulti-family housing\u201d \u2013 is touted as\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Build to rent","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/01\/Build-to-rent-in-australia.jpg?fit=640%2C426&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/01\/Build-to-rent-in-australia.jpg?fit=640%2C426&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/01\/Build-to-rent-in-australia.jpg?fit=640%2C426&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/6009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=6009"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/6009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/6010"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=6009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=6009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=6009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}