College graduates who start with their careers and home placement in new cities may not think about Austin, TX, as the most affordable place to live, but that would be a mistake.
She has everything a young man could want, including job opportunities, shorter trips to work, and completely equipment like cafes, restaurants and nightlife, according to Realtor.com’s latest report.
The average monthly rent now stands at $ 1,450, below the national average of $ 1,699.
“Austin stands as the city of the highest ranking thanks to its strong performance in many factors that are important economist on realtor.com.
“In addition to the affordable costs of living, the flourishing markets of work and the style of living life, many of these cities are home to prestigious universities and research centers, such as the University of Texas in Austin, Carnegie Mellon University and Emory University.”
The report analyzed 318 cities and cities with population of more than 75,000 that are located within the 50 largest areas of the meter, and took into account these important factors for the last degrees of college: the affordability of the rent (the affordability of the rent); Availability of rent; Part of friendly professions with college graduates; The degree of work stability; and work opportunities.
Nr. 1: Austin, TX
Austin, TX, came out at the top, especially because of its 18.9% ratio for rented to income-lowest on the list. All markets have a lower than average city/city ratio of 28.3% and the average 24.9% in the top 50 subway areas. The lower the level, the better.
Moreover, local companies led by Austin technology promise sustainable, well -offset jobs that can pay rent.
“While it is true that Austin’s average rent and sales prices are not the lowest nationwide, Austin remains relatively affordable when compared to other large metropolitan areas, especially large city/ technology centers such as New York and San Jose, where average rents are more than double those in Austin.
Realtor.com
And while rents at reasonable prices are important, so it’s able to find a rent. The report took how easy it was to do in each country.
Higher markets have an average rental rate of 8.3%, higher than the city/city average of 6.6% and average 7.2% in all the best areas of subway.
Since being able to lower a good payroll as the college is so vital to be able to withstand rent, even a lease under the market, the report also set each meter a number one number one number one number one number one number one number one number one number one number one in the employment index.
The index has been normalized to 100 since February 2020. As a result, the higher the index, the higher the labor market opportunities when compared to the pre-landmark initial base.
Cities with the highest index numbers on the list were Scottsdale, AZ and Richmond, VA. Only one area falls below the initial base: Minneapolis, Mn, at 96.
Rental to Income Report: 18.9%
Rental Rental Rate: 29.4%
Indeed Employment Index: 114
Home for six colleges, Austin’s locals can afford an average monthly rent of $ 2,560, according to Realtor.com data, with an average annual income of $ 95,475 – this is 15.6% higher than the average between 50 meters of US.
However, the average rent in this living town of Texas is only $ 1,470.
Austin received his nickname “Silicon Hills” because of many of his local locals such as Dell, IBM, Google and Apple. It also has a vibrant nightlife scene, with bars, restaurants and gallant musical places.
Rental Revenue Report: 20%
Rental Rental Rate: 9%
Indeed Employment Index: 113
Raleigh transcends Bloomington, MN, for second place on the list this year. While locals can afford a monthly rent of $ 2,453, they just have to pay an average of $ 1,489. Raleigh also has the highest part (30.4%) of college rank professions in the top 10 places.
Rental Revenue Report: 20.6%
Rental Rental Rate: 9.2%
Indeed Employment Index: 114
With an average of 22 minutes, the Overland Park has short travel time. Longer walks are no longer only expenses, but they also get a number in the balance of work and life and mental health. The long, knotty trips can also signal a city that does not have the pace with its popular growth.
Rental to Income Report: 19.7%
Rental Rental Rate: 5.2%
Indeed Employment Index: 96
Known to be the “City of Lakes” and also has the country’s largest shopping center, Mall of America, Minneapolis has one of the lowest rented reports on the list. But it also has the lowest employment index, which means that while the average person will talk less rented, they may also have a more difficult time to find a job than in other cities on the list.
Rental Revenue Report: 20.8%
Rental Rental Rate: 8%
Indeed Employment Index: 114
With a 8.0%rental rate, it will be easy to find a lease in St. Louis than most other places on the list, but with a rental-20.8%rental ratio, you will spend a little more on it.
Rental Revenue Report: 23.2%
Rental Rental Rate: 8.2%
Indeed Employment Index: 126
Connected to Scottsdale, AZ, for the highest employment index, Richmond offers better chances of finding a job than other places on the list. But with a 23.2%rental ratio, it is a little more expense to rent here than in other cities.
One of America’s oldest cities, Richmond offers excellent proximity to Washington’s extended beaches, DC and Delaware.
Rental to Income Report: 22.3%
Rental Rental Rate: 8.7%
Indeed Employment Index: 113
Pittsburgh has long played the second puzzle in Philadelphia, but lately it is coming to itself as an affordable place to live, and is known for its beauty and vibrancy than its past as a steel city.
With an April 2025 average seeking rent of $ 1,459, Pittsburgh offers reasonable and completely rents to do.
Rental Revenue Report: 22.5%
Rental Rental Rate: 7.9%
Indeed Employment Index: 126
While Scottsdale may be known for his golf, the pension community and “dry heat”, is also a place that is friendly with the latest college graduates, with a high employment index of 126 and a high (23.0%) of the college professions.
Bonus points: Many apartment complexes come with pools.
Rental to Income Report: 22.4%
Rental Rental Rate: 8.9%
Indeed Employment Index: 112
New on the list, Richardson is certainly not as known as Austin, but gives him a chance. The city bursts into the list with a high (25.3%) of the college rank and a very low (3%) degree predicted an unemployment rate.
“Richardson not only transcends the main metrics mentioned above, but also boasts of different and dynamic economies,” says XU. “The city benefits from the important inter-sectoral synergy between technology, health care, finance and business services.”
Rental Revenue Report: 24.1%
Rental Rental Rate: 9.3%
Indeed Employment Index: 124
While Atlanta may be a little more expense than other areas on the list, it benefits from the highest level of vacancies.
A possible explanation for the raised rate of vacancies is an increase in new multifamilic constructions, which has expanded the overall supply of rental units. Atlanta-Sandy Springs-Rroswell, GA, is among the markets with some of the highest multifamil that allows relatively to the past five years.
And, of course, the city is not known as “hotlanta” for nothing. Its location result – a measure of facilities like shopping, restaurants, cafes and nightlife – tops the list at 4.9.
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Image Source : nypost.com