California is the leading exporter of persons with higher rent-paying ability, according to the latest Renter Migration Report from Apartment List – and most are going to nearby Nevada and Arizona.
Elsewhere, New Yorkers left their state seeking warmer climates and greater affordability, taking their nation-leading housing budgets (14% higher than those in the areas where they relocated).
New York was the only state to experience a sharper population decline than California from 2020 to 2022, Apartment List reported, losing 524,000 residents since 2020. Those who migrated from New York also chose to live further away from their original homes, namely, in Florida (13%) and California.
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