I thought it is inexpensive to live near Emory. A PhD student who I met two years ago at SBL told me she was paying $700 for rent. Two bedroom for $1400 and Emory shuttle stops right before her apartment. $700 per month for a room seems fine to me considering what they pay for their students ($23,000 per year?) and compare to rent in Boston (Harvard, Boston U, and Boston C), Chicago (U of Chicago), New York (Union), Dallas (SMU), and Toronto.