Document Type
Article
Publication Date
2-15-2013
Keywords
rent, college towns, Brookings SD, Central Business Districts
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.
Publisher
Department of Economics, South Dakota State University
Series Number
2013-1
Number of Pages
18
Recommended Citation
Langelett, George; Chang, Kuo-Liang; Koromyslova, Ekaterina; and Appiah, Charles, "Rent Gradient of a College Town" (2013). Economics Staff Paper Series. 202.
https://openprairie.sdstate.edu/econ_staffpaper/202