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Rents near college campuses are typically more expensive than the average multifamily rents in the same market. A recent report from Yardi’s Rent Café analyzed rents within one-mile of college campuses across the country, and found that 67% of rent prices near universities are higher than the city average. This is largely due to the strong demand for housing near campus, walkability and proximity to campus. The trend was true for most California campuses as well, although there wasn’t a specific pattern as to campuses that did have higher rents versus those that didn’t.

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

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