With housing and gas prices on the rise, people are looking to the cities for salvation. That’s because the smaller spaces common in cities mean smaller rent and utility payments. Additionally, the dense populations and street layouts of cities are perfect for getting around via biking, walking, public transportation, and other methods that aren’t nearly as expensive as cars. To that end, below are the three best cities for young professionals renting for the first time.
1. Austin, TX
Texas has different taxation laws from other states for those looking to “Keep Austin Weird.” The median rent for an apartment in Austin is around $1,700 per month, but don’t be surprised at how many apartments rent for just above $1,000.
Austin also features a huge bar scene, which is home to a famously individualistic and DIY music community. It’s no surprise, then, that almost half of Austin’s population spans ages 18 to 45. The metropolis is also home to some of the most widely known modern music festivals.
Austin boasts several thriving social scenes and a low unemployment rate of just five percent. You know how the old saying goes; if you can get bored here, you can get bored anywhere!
2. Salt Lake City, UT
If you’re looking to balance city life with a connection to nature, the way Salt Lake City nestles itself between the Wasatch and Oquirrh Mountain Ranges might have you feeling right at home. Few metropolitan areas in the world share a view this beautiful with their inhabitants. If you’re a quiet person who enjoys nature or someone with a preexisting health condition who may benefit from a cleaner atmosphere, Salt Lake City could be perfect.
Despite the beautiful foliage and wildlife around it, Salt Lake City is technically located in an arid mountain desert. The typical weather in the city is crisp and cool, except in the summer months.
Salt Lake City is home to a largely homogenous population of 200,000, with an unemployment rate of just five percent. If you’re especially frugal, you can take solace in the fact that the average rent in Salt Lake City is just under $1,400 per month. Additionally, Salt Lake City ranks as one of the best places in the country for those working in healthcare.
3. Durham, NC
A sweet, southern city known for its excellent restaurants, Durham’s population is just under 270,000, with an unemployment rate of seven percent. The average monthly rent in this city, which is part of the so-called “research triangle” that also includes Chapel Hill and Raleigh, falls somewhere between $1,300 and $1,400. It’s an ideal spot for young newly married couples to move into their first apartment together, as Durham’s population of eligible bachelors and bachelorettes is only eight percent.
Durham is well known as one of the best cities for medicinal research and has consistently ranked as one of the best American cities for young professionals. The city is home to what’s widely known as one of the busiest and most prolific research centers for all university-related fields. It could well be the perfect city for the brainiacs who prefer a slower pace of life out in the country without losing that urban touch.
Where do you see young professionals thriving in the U.S.? Sound off in the comments!