Student Apartment Price Models for the Glenwood Riverfront Development

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Date

2012

Authors

Friedman, Joe
Clark, Joe
Stone, Joe A.

Journal Title

Journal ISSN

Volume Title

Publisher

University of Oregon

Abstract

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.

Description

27 pages

Keywords

City planning -- Oregon -- Springfield, Hedonic price model

Citation