The Least (and Most) Expensive College Towns
Some of my favorite places are college towns. Thus, I was very interested when I saw the results of a recent study by Coldwell Banker on the most (and least) affordable college towns in the United States. Read on for the results…
First off, here are the ten most affordable college towns, including average home prices:
1. Texas Tech University, Lubbock, TX — $164,133
2. Mississippi State University, Starkville, MS — $169,433
3. Louisiana State University, Baton Rouge, LA — $173,317
4. Notre Dame, South Bend, IN — $173,600
5. University of Tennessee, Knoxville, TN — $175,250
6. Clemson University, Clemson, SC — $176,475
7. Baylor University, Waco, TX — $178,500
8. University of Mississippi, Oxford, MS — $179,550
9. Kansas State University, Manhattan, KS — $185,850
10. University of South Carolina, Columbia, SC — $190,058
And now for the top 10 most expensive college towns — to be fair, most of these aren’t what I’d consider to be true college towns, but they are home to some pretty major Universities.
1. Stanford University, Palo Alto, CA — $1,550,000
2. UCLA, Los Angeles, CA — $1,274,342
3. USC, Los Angeles, CA — $1,274,342
4. University of California, Berkeley, CA — $1,186,500
5. Boston College, Chestnut Hill, MA — $811,525
6. Northwestern University, Evanston, IL — $674,250
7. University of Miami, Coral Gables, FL — $671,854
8. Colorado University, Boulder, CO — $546,350
9. University of Maryland, College Park, MD — $462,035
10. University of Minnesota, Minneapolis, MN — $397,133
Published on November 9th, 2005 - 3 Comments
Filed under: Education, Real Estate
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About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!
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LA as “college town” heh…that’s funny
Comment by Caitlin — Nov 9th 2005 @ 6:32 pmCA is way overpriced these days.
Comment by Allen — Nov 14th 2005 @ 8:27 pmThis is the dumbest article ever.
In Youngstown, OH, home to Youngstown State, a fine school with strong music and athletic programs, you can buy about 10 houses for the 164K which buys you one in Lubbock, TX.
Where did they get their stats? From Barbara Corcoran and Donald Trump’s lunch date?
Comment by Brandon — Dec 10th 2008 @ 10:32 am