For the Class of 2024, Austin Ranks as the Top Rental Market for College Graduates
SANTA CLARA, Calif., May 7, 2024 /PRNewswire/ -- For graduates evaluating where they'll make their mark on the real world after college, Austin, Texas may offer them the best option for living, working and camaraderie amongst their peers. In a new report, Realtor.com® uncovered The Top Markets for Recent College Graduates and Austin ranked #1, followed by Bloomington, Minn. and Pittsburgh, Pa. to round out the top three.
- Out of the top markets, Austin within the Austin-Round Rock metro area (9.0%), boasts the highest rental vacancy rate.
- When moving to a new city after college, graduates are looking for opportunities to kick start their career.
- How well one can kick start their career is an important aspect that many college graduates consider when moving to a new city.
- Recent college graduates were individuals who were between 25 and 29 years old, earned a bachelor degree and were not in school.