Visit Seattle/FacebookThere's no way around it: College is expensive. Not only do tuition prices continue to rise, but location can skew the final price tag as well, especially for students who want to live close to campus.
HomeUnion, an online residential real estate investment management firm, compiled a list of the colleges with the most expensive off-campus housing. The site compared the median rent within a two-mile radius of the university's campus to the market-rate rent for the larger metro area to find which schools have inflated rent costs near campus.
Universities in California — Los Angeles-based UCLA and Stanford, located on the outskirts of San Jose in Silicon Valley — earned the top two spots, with students paying more than 50% the market rate to live close to campus. Though notorious for its high cost of living, New York City landed at No. 10 on the list, likely due to the fact that prices remain high throughout the city and don't necessarily spike close to New York University's campus.
Read on to see the full list of the most expensive colleges to live near.
30. University of Michigan
Visit Ann Arbor!/Facebook Metro area: Ann Arbor, Michigan
Median rent near campus: $1,964
Market-rate rent: $1,793
Percent above market: 9%
28. (TIE) Clemson University
Metro area: Greenville, South Carolina
Median rent near campus: $1,288
Market-rate rent: $1,158
Percent above market: 11%
28. (TIE) University of Wisconsin at Madison
Metro area: Madison, Wisconsin
Median rent near campus: $1,794
Market-rate rent: $1,611
Percent above market: 11%
27. University of Central Florida
Metro area: Orlando, Florida
Median rent near campus: $1,552
Market-rate rent: $1,385
Percent above market: 12%
26. Pennsylvania State University
Justin K. Aller/Getty Images Metro area: State College, Pennsylvania
Median rent near campus: $1,473
Market-rate rent: $1,289
Percent above market: 14%
25. Georgetown University
Metro area: Washington, D.C.
Median rent near campus: $2,335
Market-rate rent: $2,033
Percent above market: 15%
24. Eastern Florida State College
City of Melbourne, FL/Facebook Metro area: Melbourne, Florida
Median rent near campus: $1,519
Market-rate rent: $1,310
Percent above market: 16%
22. (TIE) University of Colorado at Boulder
Metro area: Boulder, Colorado
Median rent near campus: $2,489
Market-rate rent: $2,122
Percent above market: 17%
22. (TIE) Georgia State University
Sean Pavone / Shutterstock.com">Sean Pavone/Shutterstock.com Metro area: Atlanta, Georgia
Median rent near campus: $1,530
Market-rate rent: $1,304
Percent above market: 17%
20. (TIE) University of Pittsburgh
Metro area: Pittsburgh, Pennsylvania
Median rent near campus: $1,328
Market-rate rent: $1,115
Percent above market: 19%
20. (TIE) Cleveland State University
Metro area: Cleveland, Ohio
Median rent near campus: $1,473
Market-rate rent: $1,235
Percent above market: 19%
19. Virginia Tech
Metro area: Blacksburg, Virginia
Median rent near campus: $1,462
Market-rate rent: $1,191
Percent above market: 22%
18. University of Texas at Austin
Metro area: Austin, Texas
Median rent near campus: $2,037
Market-rate rent: $1,653
Percent above market: 23%
15. (TIE) Ohio State University
Metro area: Columbus, Ohio
Median rent near campus: $1,635
Market-rate rent: $1,321
Percent above market: 24%
15. (TIE) Florida Atlantic University
Discover the Palm Beaches Florida/Facebook Metro area: Palm Beach, Florida
Median rent near campus: $2,477
Market-rate rent: $2,000
Percent above market: 24%
15. (TIE) Cornell University
Cornell University/Facebook Metro area: Ithaca, New York
Median rent near campus: $2,082
Market-rate rent: $1,675
Percent above market: 24%
14. University of Massachusetts Center at Springfield
Downtown Springfield Massachusetts/Facebook Metro area: Springfield, Massachusetts
Median rent near campus: $2,013
Market-rate rent: $1,596
Percent above market: 26%
13. Santa Fe College
Visit Gainesville, FL/Facebook Metro area: Gainesville, Florida
Median rent near campus: $1,510
Market-rate rent: $1,173
Percent above market: 29%
12. University of North Carolina at Chapel Hill
Metro area: Chapel Hill, North Carolina
Median rent near campus: $1,739
Market-rate rent: $1,329
Percent above market: 31%
10. (TIE) New York University
Metro area: New York, New York
Median rent near campus: $2,881
Market-rate rent: $2,139
Percent above market: 34%
10. (TIE) Portland State University
Metro area: Portland, Oregon
Median rent near campus: $2,327
Market-rate rent: $1,724
Percent above market: 34%
9. Michigan State University
Michigan State University/Facebook Metro area: Lansing, Michigan
Median rent near campus: $1,282
Market-rate rent: $948
Percent above market: 35%
8. University of Washington
Metro area: Seattle, Washington
Median rent near campus: $2,786
Market-rate rent: $2,044
Percent above market: 36%
7. University of Texas at Dallas
kan_khampanya/Shutterstock Metro area: Dallas, Texas
Median rent near campus: $2,058
Market-rate rent: $1,476
Percent above market: 39%
6. University of Utah
Metro area: Salt Lake City, Utah
Median rent near campus: $2,043
Market-rate rent: $1,443
Percent above market: 41%
3. (TIE) University of California at Berkeley
Metro area: Oakland, California
Median rent near campus: $4,070
Market-rate rent: $2,822
Percent above market: 44%
3. (TIE) Harvard University
Metro area: Boston, Massachusetts
Median rent near campus: $3,287
Market-rate rent: $2,276
Percent above market: 44%
3. (TIE) University of Miami
Ines Hegedus-Garcia/Flickr Metro area: Miami, Florida
Median rent near campus: $2,818
Market-rate rent: $1,916
Percent above market: 44%
2. Stanford University
Metro area: San Jose, California
Median rent near campus: $5,705
Market-rate rent: $3,499
Percent above market: 63%
1. University of California at Los Angeles
Metro area: Los Angeles, California
Median rent near campus: $4,343
Market-rate rent: $2,409
Percent above market: 80%