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Table 26 Correlation of university distance (within two miles) to two-bedroom home price/one-bedroom rent for top ranked/unranked universities

From: The impact of colleges and hospitals to local real estate markets

 

Distance-rent correlation (one-bedroom homes)

Distance-price correlation (two-bedroom homes)

Top 200 ranked universities

− 0.230

− 0.298

Unranked universities

− 0.180

− 0.327