Search
 

Southeast, Midwest Most Affordable for Millennials

IRVINE, CA—The most affordable counties in which this cohort can buy or rent a home nationwide are, not surprisingly, not located in the Western US, RealtyTrac finds in a new study.

By Carrie Rossenfeld | Updated on August 04, 2014

IRVINE, CA—With all the talk about why Millennials aren’t buying homes, RealtyTrac took it one step further and asked, “Where in the US can Millennials afford to buy and rent, and where can they not afford it?” The answer, not surprisingly, was not in the West, but in the Southeast and Midwest.

RealtyTrac’s list of the 15 most-affordable counties in which to buy or rent nationwide contained eight Southeast counties, three Northeast/Mid-Atlantic counties and four Midwest counties. Its list of the 15 least-affordable counties in which to buy or rent contained seven Western counties, five Northeast counties, two Mid-Atlantic counties and one Southeast county.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.