Top 10 Towns for College Rental Property Investing

By on July 22, 2015

We’ve all seen the annual list for top party schools. It gets plenty of media attention every year.

Here at B2R Finance, we’ve discovered another list that we think investors of rental properties will really eat up: the top 10 college towns for buying rental properties. Our thanks to real estate data analytics firm RealtyTrac for this information.

For these rankings, RealtyTrac looked at public four-year universities with a total 2012 enrollment of 20,000 or more. The universities also were located in counties with an unemployment rate below the national average of 6.2 percent in June 2014.

College towns are often insulated from the economic storms that face other housing markets, offering an extra layer of protection to investors. There are risks, of course. College kids might mean more wear-and-tear on your rental investment, especially if they are the type to regularly hold large parties at your rental property on the weekends. (See party school link below.)

With an average rental yield of nearly 14 percent, the city of Akron, Ohio, home of the University of Akron, topped the list of best college towns for buying rental properties.

Here’s the top 10 list, combined with a top 10 list of best college towns for flipping: Top Ten List.

And here is an interactive map that shows the investment potential for rental properties in 95 college towns around the country.

Read more at Welcome to Buy to Rent Finance

You must be logged in to post a comment Login

Leave a Reply

If you are a current investor, real estate investor, private lender, business owner or a professional who serves these groups, then you will enjoy and benefit from the Reinvestor Newsletter.

Enter Your Name & Email Below. Subscribe today, and get a valuable publication of ours as a free gift.

100% Secure