college grads

Best Cities for College Grads

April 23, 2012 | Best Cities, Best Cities and Neighborhoods

If you’re a recent grad looking to relocate, you’ve come to the right place. Rent.com researched cities across the country and has compiled a list highlighting 10 great cities for post-grads based on unemployment rates, mean annual income, cost of living, and rental inventory.

Best Cities for College Grads:

  • Boston, MA: A low unemployment rate and high mean income attracts career-minded young professionals. The character of a college town like Boston makes for a smooth transition, in which nightlife options abound.
  • Minneapolis/St. Paul, MN: The Twin Cities truly combine natural beauty with the benefits of an urban center. With an unemployment rate well below the national average, finding a job shouldn’t be a stressful task in Minneapolis and St. Paul.
  • Seattle, WA: The perfect city for a new class of intellectuals, Seattle offers a well-educated workforce as well as plenty of outdoor adventure and foodie cuisine.
  • Houston, TX: Houston is known for cost-competitive housing and a favorable cost of living. Add to that a diverse mix of jobs and commuter-friendly transportation, and Houston has a lot to offer for new grads.
  • Baltimore, MD: The Charm City is a friendly place to live and play, with a diverse cultural scene and more than 200 unique neighborhoods to call home.
  • Dallas, TX: With the hospitality of Texas and the modernity of a sophisticated city, Dallas offers all of the benefits of big city living without the big city price tag. The cost of living is well below the national average.
  • Kansas City, MO: Healthy living and an eco-friendly lifestyle are just one part of the booming downtown of Kansas City. It’s also known for barbecue and jazz—so very grown-up chic, right?
  • Raleigh, NC: People of all ages move to Raleigh for affordable housing and temperate weather. With an economy based on three local universities, post-grads looking for jobs in industries like biotech or computers will thrive in these North Carolina cities.
  • Washington, DC: A favorably low unemployment rate and high mean annual income make Washington, DC a smart choice for new young professionals. The federal city also offers entertainment for everyone, from nightlife and world-class dining to cultural institutions.
  • Austin, TX: A quickly growing city, Austin boasts a low cost of living and neighborhoods with character, ranging from funky to serene. A thriving music scene will inspire recent grads to partake in the arts.
Top 10 List Methodology: Rent.com developed this list in 2012. Metropolitan markets were ranked based on availability of rental inventory, cost of living, annual mean wages and unemployment rates. Based on the top 25 markets by rental availability, we ranked performance against the national average for unemployment, cost of living and annual mean wages. Unemployment was given double weight relative to the other statistics. Sources: Bureau of Labor Statistics, Census Bureau, Rent.com

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