{"id":5744,"date":"2013-12-10T14:28:51","date_gmt":"2013-12-10T14:28:51","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=5744"},"modified":"2013-12-10T14:28:51","modified_gmt":"2013-12-10T14:28:51","slug":"closer-campus-higher-rent","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/closer-campus-higher-rent\/","title":{"rendered":"The Closer to Campus, the Higher the Rent"},"content":{"rendered":"

The Closer to Campus, the Higher the Rent<\/h2>\n

 <\/p>\n

\"The<\/a>

The Closer to Campus, the Higher the Rent. Image courtesy of Gualberto107 \/ FreeDigitalPhotos.net<\/p><\/div>\n

Multifamily properties near college campuses often can equate to higher returns, and investors haven\u2019t overlooked this sector for steady profits. But how close do you have to be to the college campus to see the highest returns?<\/p>\n

CoStar evaluated multifamily data of 10 college campuses to find the relationship between rents and campus proximity.<\/p>\n

Researchers found that properties less than 1.5 miles away from one of the 10 college campuses evaluated saw average rents that were higher than rents five miles away. However, the rent premiums were modest up to three quarters of mile away, CoStar reports.<\/p>\n

Within a half mile and quarter-mile from campus, the average rent commands a 40 percent premium compared to a five-mile radius.<\/p>\n

Therefore, students who are wanting to have a walking commute to school of 13.6 minutes or less will need to expect to pay a premium on rents, notes Brian Kerschner, a real estate economist with CoStar Group.<\/p>\n

Source: \u201cSearching for Higher Rents Near Higher Education<\/a>,\u201d CoStar Group (Dec. 9, 2013)<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Closer to Campus, the Higher the Rent   Multifamily properties near college campuses often can equate to higher returns, and investors haven\u2019t overlooked this sector for steady profits. But how close do you have to be to the college campus to see the highest returns? CoStar evaluated multifamily data of 10 college campuses to … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-5744","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nThe Closer to Campus, the Higher the Rent - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/closer-campus-higher-rent\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/closer-campus-higher-rent\\\/#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/closer-campus-higher-rent\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"The Closer to Campus, the Higher the Rent\",\"datePublished\":\"2013-12-10T14:28:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/closer-campus-higher-rent\\\/\"},\"wordCount\":201,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/closer-campus-higher-rent\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/12\\\/ID-100176158.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/closer-campus-higher-rent\\\/\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/closer-campus-higher-rent\\\/\",\"name\":\"The Closer to Campus, the Higher the Rent - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/closer-campus-higher-rent\\\/#primaryimage\"},\"image\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/closer-campus-higher-rent\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/12\\\/ID-100176158.jpg\",\"datePublished\":\"2013-12-10T14:28:51+00:00\",\"breadcrumb\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/closer-campus-higher-rent\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/closer-campus-higher-rent\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/closer-campus-higher-rent\\\/#primaryimage\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/12\\\/ID-100176158.jpg\",\"contentUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2013\\\/12\\\/ID-100176158.jpg\",\"width\":400,\"height\":265,\"caption\":\"The Closer to Campus, the Higher the Rent. 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