Campus towns offer strong short-term rental (STR) potential due to consistent university-driven demand from events like move-ins, graduations, and sports. Key markets with high yields and affordable home prices include South Bend, IN (16.7% yield, $247K avg. price), Lansing/East Lansing, MI (14.8%, $271K), Syracuse, NY (14.2%, $259K), Columbia, SC (13.6%, $298K), and Champaign–Urbana, IL (13.3%, $270K). Regulatory requirements vary and should be carefully reviewed.