The 10 Cheapest Places for Millennials to Live

The Hub - Downtown Hot Spot for Millenials, Cheapest Places for Millennials to Live
The Hub - Downtown Hot Spot for Millenials

10 Cheapest Places for Millennials to Live

Housely.com published an article, The 10 Cheapest Places for Millennials to Live in the U.S. where they considered data about cheap housing, availability of jobs, and social + cultural advantages.

In the past, New York City and Silicon Valley were enticing millennials in groves with fast paced tech jobs and other business opportunities; unfortunately, housing prices were so high (and they still are!) that millennials had trouble finding affordable housing and those with dreams of home ownership had a difficult decision to make and the opportunity cost was high. But now people are saying that Tucson may be the next Silcon Valley.

On the flip side, Florida is known to have an abundant affordable rental housing market, but the retiree demographic and job availability makes it a less desirable long-term destination for millennials.

Young people today are being challenged to think-outside-the-box and find destinations that will offer a more complete package and Tucson definitely does.

Without further ado, The Cheapest Places for Millennials to Live:

10. Austin, TX

9. Dallas, TX

8. Louisville, KY

7. Columbus, OH

6. Dayton, OH

5. Wichita, KS

4. TUCSON, ARIZONA

3. New Bedford, MA

2. Sioux Falls, SD

1. Cape Canaveral, FL

“With a median one bedroom apartment price of $540, it’s no wonder that Money rated Tucson number 4 of their best places for millennials. The article credits the city’s revitalized downtown area and ethnic restaurants as a draw for young renters. Tucson’s job growth is expected to rise 11% over the next five years.”
We’ve done the research and this isn’t an all-encompassing description of why Tucson is one the cheapest places for millennials to live. Did you know we have one the lowest point of entry housing markets in the country? Boasting many programs to help first time home buyers and some the lowest homeowners insurance prices making Tucson a great place for someone just starting out to start their life.
Tucson also has an abundance of art, culture, and a very fun and hip downtown. There’s an abundance of nature– to hike, climb, ski and explore and there are a lot of other amazing places that are a short road trip away like: Las Vegas — 4 hours, Phoenix– 1.5 hours, Rocky Point, Mexico (Where you can rent entire beach front houses for the weekend for a couple hundred dollars)– 4 hours, San Diego, CA– 6 hours, and Showlow, AZ (home of Arizona’s biggest ski & snowboard mountain)– 4 hours.
This is only the tip of the iceberg… If you have questions about art, culture, or housing in Tucson please contact me– I’d be happy to help you however I can.

Tucson Rated 20th Best City to Live In America

Well, look what we have here! Yet another accolade and feather in Tucson’s cap. According to Resonance Consultancy Tucson is the 20th best city to live in America! That’s no small feat, there are a lot of other cities from sea to shining sea in the USA. And just so you know, that’s up 21 spots from where we ranked last year. Let’s take a look at what made Tucson 20th best city to live in.

Tucson Was Rated Using These Categories
Tucson Was Rated Using These Categories

The 20th Best City

Resonance Consultancy used 6 major categories to grade upon: People, Place, Product, Programming, Promotion, and Prosperity. 

Notably, we ranked #14 in Place,

“Fast-growing Tucson is buoyed by its sense of place, ranking #10 in both our Weather and our Parks & Outdoors subcategories. The city is poised to ascend up future national rankings, due to a torrent of new investment in all manner of green and common space,” said Resonance.

The company also rightfully credits the University of Arizona for our cities “youthful bounce” considering that almost 25% of our fair city are between the ages of 20-35 years old. We’ve all seen the construction blowing up around the UA and downtown. Growth is coming ready or not. And honestly, we think Tucson is ready for it. You can’t stop the march of progress.

We also ranked #10 nationally on Prosperity if you can believe it. We can. Housing prices are steadily climbing as more and more people take notice of our little jewel in the desert. And, despite the pandemics brutal economic impact on Tucson, we still ranked an impressive #17 in shopping!

What’s Next?

We have no doubt that by 2022 Tucson will continue to scale the Best City list from the 20th best city until we break into the top 10! Where do you think we will rank next year? What about 5 years from now? Well, no matter where we land, we here at See Tucson Homes are ready and excited for it.