10 Places Where College Grads Can Settle

Daily Real Estate News | Tuesday, March 26, 2013

Rent.com, a rental housing listing site, recently ranked the top 25 markets for new college grads, factoring in unemployment, cost of living, and annual mean wages. The following are the top 10 cities on its list (in no particular order), where young grads would most likely find housing, work, and a suitable paycheck.
Atlanta, Ga.
Mean annual income: $46,600
Median price for a one-bedroom apartment: $800
Boston, Mass.
Mean annual income: $57,500
Median price for a one-bedroom apartment: $1,590
Houston, Texas
Mean annual income: $47,500
Median price for a one-bedroom apartment: $800
Denver, Colo.
Mean annual income: $50,300
Median price for a one-bedroom apartment: $970
Minneapolis/St. Paul, Minn.
Mean annual income: $49,800
Median price for a one-bedroom apartment: $900
Seattle, Wash.
Mean annual income: $54,800
Median price for a one-bedroom apartment: $1,300
Dallas, Texas
Mean annual income: $46,200
Median price for a one-bedroom apartment: $900
Raleigh, N.C.
Mean annual income: $45,200
Median price for a one-bedroom apartment: $800
Washington, D.C.
Mean annual income: $62,900
Median price for a one-bedroom apartment: $1,600
St. Louis, Mo.
Mean annual income: $44,200
Median price for a one-bedroom apartment: $960
Source: “The Best Cities for New College Grads in 2013,” Forbes (March 22, 2013)