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Homes.com Compiles Top 10 Cities for New Grads

Homes.com has partnered with sister site, ForRentUniversity.com, to create a list of top ten cities for new grads.
Homes.com has partnered with sister site, ForRentUniversity.com, to create a list of top ten cities for new grads.
Homes.com

If you are a recent college grad, finding a job is definitely a top priority. However, recent grads must also find a place to live. Recent grads need to make key decisions after college including moving across the country for a new job opportunity or sharing an apartment with friends to cut down on costs. Fortunately, Homes.com has partnered with sister site, ForRentUniversity.com, to create a list of top ten cities for new grads. Through this informative list, college grads can compare and contrast different cities based on entry level income, average price of an apartment, unemployment rate, the amount of nearby colleges and universities and social life. Cities listed include Houston, Raleigh, Denver, Boston and Washington, DC.

“We compiled an interesting list of cities offering unique information for college grads,” says Brock MacLean, President for Homes.com and For Rent Media Solutions.

The number one top city for new grads is Atlanta, Georgia. According to Homes.com, Atlanta has a mean entry level income of $43,000 and a median price for a one-bedroom apartment is $800. This southern city is also home to 19 nearby colleges and universities. Also, this city holds the country’s third largest concentration of Fortune 500 companies including the global headquarters for The Coca-Cola Company, The Home Depot and UPS.

MacLean advises all college grads to be prepared before searching for a new apartment. In fact, grads should carefully review their budget and consider the number of amenities located in the area and in the building. For example, you may want to live in a building with a laundromat or with nearby access to a local gym. If you are seeking post grad opportunities, then a city offering a lot of colleges and universities may be ideal for you.

“We also recommend renters insurance, which is important to have in the event of a disaster,” adds MacLean.

For a college grad, finding an apartment can be a challenging process. Through this Homes.com list, college grads can start considering the best places to begin their professional careers.

Homes.com Top 10 Cities for New Grads

1. Atlanta, Georgia

● Mean entry level income: $43,000

● Median price for a one-bedroom apartment: $800

● Unemployment Rate: 6.9 percent

● 19 nearby colleges/universities

2) Dallas, Texas

● Mean entry level income: $38,000

● Median price for a one-bedroom apartment: $900

● Unemployment Rate: 5.8 percent

● 17 nearby colleges/universities

3. Houston, Texas

● Mean entry level income: $41,000

● Median price for a one-bedroom apartment: $800

● Unemployment Rate: 5.7 percent

● 14 nearby colleges/universities

4) St. Louis, Missouri

● Mean entry level income: $38,000

● Median price for a one-bedroom apartment: $960

● Unemployment Rate: 8.2 percent

● 7 nearby colleges/universities

5) Minneapolis/St. Paul, Minnesota

● Mean entry level income: $32,000

● Median price for a one-bedroom apartment: $900

● Unemployment Rate: 5.0 percent

● 10 nearby colleges/universities

6) Raleigh, North Carolina

● Mean entry level income: $35,000

● Median price for a one-bedroom apartment: $800

● Unemployment Rate: 6.2 percent

● 10 nearby colleges/universities

7) Denver, Colorado

Mean entry level income: $35,000

● Median price for a one-bedroom apartment: $970

● Unemployment Rate: 6.5 percent

● 9 nearby colleges/universities

8) Seattle, Washington

● Mean entry level income: $39,000

● Median price for a one-bedroom apartment: $1,300

● Unemployment Rate: 6.0 percent

● 10 nearby colleges/universities

9) Boston, Massachusetts

● Mean entry level income: $46,000

● Median price for a one-bedroom apartment: $1,590

● Unemployment Rate: 5.9 percent

● 21 nearby colleges/universities

10) Washington, District of Columbia

● Mean entry level income: $46,000

● Median price for a one-bedroom apartment: $1,600

● Unemployment Rate: 5.1 percent

● 6 nearby colleges/universities

Source: Homes.com