Is One mile too far for University Student rentals?

[Parag D.]

Hi folks - I am looking at a duplex (student rental) near an university but it’s a mile away- there is a bus line close by the property that drops students near the uni. 

The question I have is whether students would consider one mile too far from campus to commute (especially during winter months in Cincy) or is it ok to find student renters this far out too?

Also would rents be affected by it? I have seen student rents near the uni to be around $500/bedroom and the current ones are rented at $400 and $350. Wondering if I would be renting below market rates in future due to the lack of proximity to the university?

Thanks in advance.

Parag