Many college students eagerly wait for the moment they can live off campus, but a recent report shows it comes with a cost.
RENTCafe, a website that that posts information about apartment living and real estate, surveyed housing costs near 100 campuses nationwide, including two in Georgia, and found the average monthly rent one or two miles near the school is typically higher than average rent costs in that city.
The average monthly rent for a place a mile from Georgia Tech was $1,912, which was 33% higher than the Atlanta average, RENTCafe found. The average monthly rent near Emory University was $1,714, which was 19% higher than the city average, the website found.
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