Student Apartment Price Models for the Glenwood Riverfront Development

Metrics

Community Size
35,000
Years
2011/2012
Course Title
Course Letter Acronym
Course Number
Project Lead Faculty

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.

Read the final student report delivered to the local gov/community partner.

Sustainable City Year Program Contact Info
Megan Banks
Sustainable City Year Program Manager
mbanks@uoregon.edu
(541) 346-6395

University Faculty Contact
Joe Stone
Economics

jstone@uoregon.edu

Local Government / Community Contact
Richard Perry

Traffic Operations Engineer

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