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For aspiring real estate investors, college towns present a unique opportunity. A new crop of potential renters arrives every year as the old ones graduate. Explore: Your Biggest Money Etiquette...
Generally, to be classified as a college town, a town should exhibit one or more of the following: The town is known for the presence of a college or university. The college or university is the largest employer in the town. College or university students form a significant proportion of the town's population.
For real estate buyers who have the cash and credit to take advantage of historically low mortgage rates, there is one market type that tends to be more resilient than others: the college town ...
When looking at college towns, the average cost of a home is $175,000, and monthly rent for a 3-bedroom is $1,881, according to a report by Homes.com. Real estate in these college towns offer the ...
Methodology: To find college towns that are perfect for retirees, GOBankingRates analyzed numerous college towns in the United States sourced from ListWithClever’s Best College Towns. With a ...
New Brunswick is a city in and the county seat of Middlesex County, in the U.S. state of New Jersey. [23] A regional commercial hub for central New Jersey, the city is both a college town (the main campus of Rutgers University, the state's largest university) and a commuter town for residents commuting to New York City within the New York metropolitan area. [24]
The town incorporated in 1885. Two years later, a railroad was built through Commerce to transport merchandise from Fort Worth, and nine years later, William L. Mayo, a college educator, moved East Texas Normal College from the northeast Texas town of Cooper to Commerce after the original school in Cooper was destroyed in a fire. Mayo continued ...
The top 10 college towns in the Midwest. Athens, Ohio (Ohio University) East Lansing, Michigan (Michigan State University) Bloomington, Indiana (Indiana University-Bloomington)