rent, college towns, Brookings SD, Central Business Districts
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.
Department of Economics, South Dakota State University
Number of Pages
Langelett, George; Chang, Kuo-Liang; Koromyslova, Ekaterina; and Appiah, Charles, "Rent Gradient of a College Town" (2013). Economics Staff Paper Series. 202.