Orlando ranks as the 14th most affordable college town in the nation, where an average three-bedroom, two-bathroom home costs $139,912. Comparably, the same size home in Miami averages $246,431.

"College towns offer more than just great sports and local flavor — they have a special vibe you just don’t find anywhere else," said Clark W. Toole III, president, Florida, Coldwell Banker Residential Real Estate and Coldwell Banker Commercial. "Most have steady economic bases oftentimes highlighted by outstanding medical and research facilities."

According to the report, three-bedroom homes cost less than $200,000 on average in nearly two-thirds of the college towns included (76 markets) and less than $150,000 in nearly one-quarter (26 markets). In the most affordable market, Memphis, Tenn., (home to University of Memphis) the average listing price of a three-bedroom home is $89,244. The full ranking is available at hlr.coldwellbanker.com.

"I love the College Home Listing Report, because it highlights the amazing affordability of the college towns that define the fabric of America," said Jim Gillespie, chief executive officer, Coldwell Banker Real Estate LLC. "Our report underscores the homeownership opportunities in many of these vibrant, affordable communities that are known for their high energy, educational systems and often stable job markets."

Below are the most affordable and most expensive markets, as well as the full College HLR. Visit hlr.coldwellbanker.com for more details. An infographic comparing the top 10 most expensive markets based on number of students, tuition and city population is also available at http://www.coldwellbanker.com/real_estate/learn/2011_most_expensive_college_towns.