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Where Exceptional Value Meets MBA Affordability: AACSB-Accredited Real Estate MBA Programs from $14,400 to $23,688 in 2025

Top 10 Editor’s Picks for Affordable Online MBA Programs in Real Estate under $24K

Our ranking of the top 10 online MBA Programs in Real Estate for 2025 identifies programs that deliver exceptional value at an affordable tuition cost. We base our selection on comprehensive data analysis, key metrics (including tuition, graduate salary, and ROI), and expert editorial insight. These programs distinguish themselves through a strong combination of affordability, AACSB accreditation, academic quality, and impressive graduate career and financial outcomes.

University of South Alabama

Mitchell College of Business

Location:

  • Mobile

,

  • AL

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $14,400
  • Graduate Salary: $49,200
  • Graduate ROI: 242%
  • GMAT Required: Conditional
  • Avg. GMAT: 510
  • Student / Faculty Ratio: 13:1
  • Enrollment: 1320

Degree Level(s):

  • Doctoral
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 15
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Entrepreneurship
  • Finance
  • General Business
  • Global Management
  • Human Resources
  • International Business
  • Management
  • Marketing
  • Nonprofit
  • Real Estate
  • Supply Chain
  • Best in:
  • Rankings
  • City Rank: 2
  • State Rank: 11
  • National Rank: 481
  • Online Rank: 363
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

University of Alabama at Birmingham

Collat School of Business

Location:

  • Birmingham

,

  • AL

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $16,200
  • Graduate Salary: $75,000
  • Graduate ROI: 363%
  • GMAT Required: No
  • Avg. GMAT: 521
  • Student / Faculty Ratio: 22:1
  • Enrollment: 3043

Degree Level(s):

  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Distance Education
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 16
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Energy
  • Entrepreneurship
  • Finance
  • General Business
  • Human Resources
  • Information Systems
  • Leadership
  • Management
  • Marketing
  • Real Estate
  • Science and Technology
  • Supply Chain
  • Best in:
  • Rankings
  • City Rank: 1
  • State Rank: 5
  • National Rank: 318
  • Online Rank: 231
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

University of Nebraska at Omaha

College of Business Administration

Location:

  • Omaha

,

  • NE

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $17,493
  • Graduate Salary: $89,200
  • Graduate ROI: 410%
  • GMAT Required: No
  • Avg. GMAT: 500
  • Student / Faculty Ratio: 16:1
  • Enrollment: 2457

Degree Level(s):

  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Partnership
  • ·
  • Weekends
  • Concentrations: 17
  • Accounting
  • Corporate Finance
  • Data Analytics
  • E-Commerce
  • Economics
  • Entrepreneurship
  • Finance
  • Global Management
  • Healthcare Administration
  • Human Resources
  • International Business
  • Law
  • Management
  • Marketing
  • Other
  • Real Estate
  • Supply Chain
  • Best in:
  • Rankings
  • City Rank: 2
  • State Rank: 3
  • National Rank: 269
  • Online Rank: 194
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

Coastal Carolina University

E. Craig Wall Sr. College of Business Administration

Location:

  • Conway

,

  • SC

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $18,460
  • Graduate Salary: $52,500
  • Graduate ROI: 184%
  • GMAT Required: No
  • Avg. GMAT: 482
  • Student / Faculty Ratio: 23:1
  • Enrollment: 2959

Degree Level(s):

  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • Concentrations: 11
  • Accounting
  • Corporate Finance
  • Economics
  • Finance
  • General Business
  • Healthcare Administration
  • Hospitality Management
  • Management
  • Marketing
  • Other
  • Real Estate
  • Best in:
  • Rankings
  • City Rank: 2
  • State Rank: 10
  • National Rank: 508
  • Online Rank: 385
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

Florida State University

College of Business

Location:

  • Tallahassee

,

  • FL

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $18,693
  • Graduate Salary: $56,545
  • Graduate ROI: 202%
  • GMAT Required: Optional
  • Avg. GMAT: 607
  • Student / Faculty Ratio: 32:1
  • Enrollment: 6905

Degree Level(s):

  • Doctoral
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • Concentrations: 14
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Ethics
  • Finance
  • General Business
  • Human Resources
  • Information Systems
  • Insurance
  • Management
  • Marketing
  • Organizational Behavior
  • Other
  • Real Estate
  • Best in:
  • Rankings
  • City Rank: 1
  • State Rank: 5
  • National Rank: 255
  • Online Rank: 184
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

University of Missouri-Kansas City

Henry W. Bloch School of Management

Location:

  • Kansas City

,

  • MO

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $21,618
  • Graduate Salary: $76,900
  • Graduate ROI: 256%
  • GMAT Required: Yes
  • Avg. GMAT: 590
  • Student / Faculty Ratio: 14:1
  • Enrollment: 1829

Degree Level(s):

  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Evenings
  • ·
  • Full-Time
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 19
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Entrepreneurship
  • Finance
  • General Business
  • Global Management
  • Healthcare Administration
  • Information Systems
  • International Business
  • Law
  • Management
  • Manufacturing
  • Marketing
  • Other
  • Public Administration
  • Real Estate
  • Science and Technology
  • Supply Chain
  • Best in:
  • Rankings
  • City Rank: 1
  • State Rank: 2
  • National Rank: 119
  • Online Rank: 117
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

University of Nevada, Las Vegas

Lee Business School

Location:

  • Las Vegas

,

  • NV

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $21,784
  • Graduate Salary: $93,820
  • Graduate ROI: 331%
  • GMAT Required: Yes
  • Avg. GMAT: 600
  • Student / Faculty Ratio: 23:1
  • Enrollment: 3468

Degree Level(s):

  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 15
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Entrepreneurship
  • Finance
  • General Business
  • Global Management
  • Information Systems
  • Insurance
  • International Business
  • Management
  • Marketing
  • Other
  • Real Estate
  • Best in:
  • Rankings
  • City Rank: 1
  • State Rank: 1
  • National Rank: 91
  • Online Rank: 59
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

California State University, Los Angeles

College of Business and Economics

Location:

  • Los Angeles

,

  • CA

Control: Public

Academic Year: Quarter

Accredited: AACSB

Accreditation: Business

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  • Tuition: $22,052
  • Graduate Salary: $99,100
  • Graduate ROI: 349%
  • GMAT Required: Yes
  • Avg. GMAT: 560
  • Student / Faculty Ratio: 18:1
  • Enrollment: 4168

Degree Level(s):

  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 21
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Entrepreneurship
  • Finance
  • General Business
  • Global Management
  • Healthcare Administration
  • Human Resources
  • Information Systems
  • International Business
  • Law
  • Leadership
  • Management
  • Marketing
  • Operations Management
  • Other
  • Real Estate
  • Supply Chain
  • Taxation
  • Best in:
  • Rankings
  • City Rank: 3
  • State Rank: 16
  • National Rank: 150
  • Online Rank: Not Ranked
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

The University of Texas at Arlington

College of Business

Location:

  • Arlington

,

  • TX

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $22,504
  • Graduate Salary: $78,800
  • Graduate ROI: 250%
  • GMAT Required: Yes
  • Avg. GMAT: 596
  • Student / Faculty Ratio: 24:1
  • Enrollment: 6474

Degree Level(s):

  • Doctoral
  • ·
  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Off Campus
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 18
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Entrepreneurship
  • Finance
  • General Business
  • Global Management
  • Healthcare Administration
  • Human Resources
  • Information Systems
  • International Business
  • Management
  • Marketing
  • Operations Management
  • Other
  • Real Estate
  • Taxation
  • Best in:
  • Rankings
  • City Rank: 1
  • State Rank: 9
  • National Rank: 117
  • Online Rank: 80
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

The University of Memphis

Fogelman College of Business and Economics

Location:

  • Memphis

,

  • TN

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $23,688
  • Graduate Salary: $74,800
  • Graduate ROI: 216%
  • GMAT Required: Yes
  • Avg. GMAT: 670
  • Student / Faculty Ratio: 18:1
  • Enrollment: 3527

Degree Level(s):

  • Doctoral
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 19
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Entrepreneurship
  • Finance
  • General Business
  • Global Management
  • Healthcare Administration
  • Human Resources
  • Information Systems
  • International Business
  • Management
  • Manufacturing
  • Marketing
  • Other
  • Real Estate
  • Supply Chain
  • Taxation
  • Best in:
  • Rankings
  • City Rank: 1
  • State Rank: 3
  • National Rank: 77
  • Online Rank: 47
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

Compere 45 AACSB-Accredited Real Estate MBAs with Tuition Under the $52,062 National Average

Compare your many options using this sortable table of 45 AACSB-accredited MBA Real Estate programs with tuition under the national average of $52,062.

Sort programs using Rank, Tuition, Starting Salary, and ROI. Find the program(s) that offers the best potential return for your budget. Click on any school name to view a comprehensive school profile.

Rank University In State TuitionAvg. Starting SalaryROIStateOnline
1 University of Central Oklahoma $9,068 $62,400 588.00%OKYes
2 University of South Alabama $14,400 $49,200 242.00%ALYes
3 University of Alabama at Birmingham $16,200 $75,000 363.00%ALYes
4 University of Nebraska at Omaha $17,493 $89,200 410.00%NEYes
5 Coastal Carolina University $18,460 $52,500 184.00%SCYes
6 Florida State University $18,693 $56,545 202.00%FLYes
7 University of Missouri-Kansas City $21,618 $76,900 256.00%MONo
8 University of Nevada, Las Vegas $21,784 $93,820 331.00%NVYes
9 California State University, Los Angeles $22,052 $99,100 349.00%CANo
10 The University of Texas at Arlington $22,504 $78,800 250.00%TXYes
11 The University of Memphis $23,688 $74,800 216.00%TNYes
12 University of Northern Iowa $23,917 $66,000 176.00%IANo
13 University of Cincinnati $23,996 $87,013 263.00%OHYes
14 The University of Texas at San Antonio $24,512 $78,000 218.00%TXYes
15 The University of Mississippi $25,914 $60,977 135.00%MSYes
16 University of Florida $26,473 $117,197 343.00%FLYes
17 University of South Carolina $26,485 $97,819 269.00%SCNo
18 Middle Tennessee State University $26,712 $89,000 233.00%TNYes
19 Central Michigan University $27,300 $94,350 246.00%MIYes
20 Auburn University $27,385 $77,633 183.00%ALYes
21 College of Charleston $28,204 $70,314 149.00%SCYes
22 Nichols College $28,440 $55,392 95.00%MAYes
23 St. Cloud State University $28,969 $81,800 182.00%MNYes
24 Iowa State University $29,966 $75,552 152.00%IAYes
25 The University of Georgia $30,606 $120,510 294.00%GAYes
26 University of the District of Columbia $30,765 $100,000 225.00%DCNo
27 California State University, Northridge $30,897 $77,400 151.00%CANo
28 San Diego State University $31,200 $71,900 130.00%CAYes
29 Old Dominion University $31,564 $75,800 140.00%VAYes
30 Virginia Commonwealth University $34,172 $82,232 141.00%VAYes
31 Montclair State University $34,669 $92,400 167.00%NJYes
32 University of Baltimore $35,128 $77,400 120.00%MDYes
33 Georgia State University $36,522 $93,600 156.00%GAYes
34 Baruch College-The City University of New York $37,338 $118,633 218.00%NYYes
35 University of North Carolina at Charlotte $37,946 $84,260 122.00%NCYes
36 University of Central Florida $39,000 $75,200 93.00%FLNo
37 California State University, San Bernardino $41,500 $76,200 84.00%CAYes
38 Florida International University $42,000 $62,115 48.00%FLYes
39 Colorado State University $42,480 $94,300 122.00%COYes
40 University of Connecticut $44,100 $101,501 130.00%CTYes
41 Nova Southeastern University $44,351 $90,756 105.00%FLYes
42 University of Missouri $45,000 $83,500 86.00%MOYes
43 Marquette University $46,620 $90,700 95.00%WIYes
44 University of Houston $47,000 $85,878 83.00%TXYes
45 Portland State University $50,984 $78,264 54.00%ORYes

You might also be interested in the best ranked MBA and Master’s degrees in Real Estate here: Online | In-Person

Find Affordable Online MBA Programs Now Accepting Real Estate Applicants

How We Rank for High-Value and Affordable Real Estate MBA Programs

MBAGuide.org’s ranking methodology combines quantitative data (80%) like student-faculty ratio, tuition, enrollment, and post-graduation salaries with qualitative factors (20%) such as editorial ratings and school reputation.

Additionally, for the most affordable and high value programs, we aim to find program tuition well below the national average for that degree, with graduate salaries that are above the national average to competitive to it and graduate ROI of of more than 200% within each degree, enabling prospective students to find high-quality, cost-effective options tailored to their location and career aspirations.

Most Affordable AACSB-Accredited Online MBA Programs by Concentration

Business School Data Sources from

See all data sources including 756 College and University Programs

Compare These National Averages for Real Estate Programs to the Affordable AACSB MBA Programs Above

$51,380

Average Tuition

$92,328

Average Starting Salary

589

Average GMAT Scores

126%

Average Graduate ROI

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