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Rent Gradient of a College Town

Author

Listed:
  • Langelett, George
  • Chang, Kuo-Liang

Abstract

Metropolitan areas exhibit a rent gradient based on the distance from the Central Business District(CBD). By contrast to metropolitan models, Brookings, SD, is a traditional college town and home to South Dakota State University. The city also has a vibrant business district located on Main Avenue. Based on model construction from previous research, data gathered from rental units in Brookings were analyzed and compared. According to the empirical results, a rent gradient exists around campus rather than the traditional CBD.

Suggested Citation

  • Langelett, George & Chang, Kuo-Liang, 2013. "Rent Gradient of a College Town," Economics Staff Papers 145602, South Dakota State University, Department of Economics.
  • Handle: RePEc:ags:sdsusp:145602
    DOI: 10.22004/ag.econ.145602
    as

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