(University of Oregon, 2012) Friedman, Joe; Clark, Joe; Stone, Joe A.
This study examines the rent prices of the student housing apartment market
surrounding the University of Oregon. The first key component of this study includes a Hedonic
price model that helps evaluate what apartment complex amenities and characteristics are most
important and influential in determining rental rates in the local community. Secondly, using the
information from our Hedonic price model, this study will help the City of Springfield in their
plans to develop a student housing project in the Glenwood Riverfront district, located along the
Willamette River. Specifically, this study of rental prices and apartment complex attributes should
be useful in evaluating the feasibility of a potential student housing project for the City of
Springfield under their current development budget constraints.
