Millennials are no stranger to inflamed housing and rent costs.
The idea of actually buying and owning a house is a distant pipe dream for most, and the theme is pretty universal when it comes to living in urban areas.
The bittersweet reality is that most jobs for the young workforce are situated in highly populated areas (aka cities). However, because of the competitive job market, rent prices have surged across the board.
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For reference, these statistics refer to the average cost of a one-bedroom apartment.
10. Youngstown, Ohio
Enjoy your own sweet slice of Midwestern hospitality. Situated in Mahoning County, Youngstown is abundant with culture and nature, as well as wholesome family fun. Whether it’s exploring the beautiful wineries or indulging in local breweries, taking in the clean, crisp air on a hike through one of its many parks, or bringing the family ice skating or to a trampoline park, Youngston has something for everyone!
Average rent cost: $600 USD/month
9. Derby, Kansas
Derby is a city located in Sedgwick County of Kansas. It is also the largest suburb of its larger sister city, Wichita. With a population of almost 25,000, it is the 17th largest city in the state of Kansas. Derby prides itself on being “large enough to have all the amenities you need, yet still small enough to feel like home.” It’s also “the place where you can raise your family, grow your business, and retire in a community you’ll love forever.”
Average rent cost: $599 USD/month
8. Amarillo, Texas
At the center of the Texas Panhandle, Amarillo enjoys over 270 sunny days annually. It is a historically-rich and unique area best known for its western ranches and vibrant economy. According to TourTexas, “No matter what you do while you’re [there], you’ll find a city of friendly, welcoming folks who make you feel at home when you walk through the front door.”
Average rent cost: $597 USD/month
7. Conway, Arkansas
Conway prides itself on its strong community spirit, family-friendly recreation, high-performing schools and colleges, and a vibrant economy that continues to entice visitors, residents, and businesses to the city. These qualities are the reason why Conway is one of the top five fastest-growing in the entire state of Arkansas. The quality of life makes it an ideal location for all demographics, whether you are just starting out, raising a family, set to retire, or only passing through.
Average rent cost: $555 USD/month
6. Shreveport, Louisiana
The identity of Shreveport is significantly linked to a “blended Southern culture.” Situated on the banks of the Red River, Shreveport is the economic and cultural epicentre of Ark-La-Tex, the merging point of southern Arkansas, northwestern Louisiana, and northeastern Texas. Those wishing to relocate to the city require a certain amount of understanding that, even though you are technically in Louisiana, the city’s identity is rooted in three states. If your thing is debating which NFL team northwest Louisiana supports the most, the Dallas Cowboys or the New Orleans Saints, Shreveport is the place for you.
Average rent cost: $547 USD/month.
5. Champaign, Illinois
Home of the University of Illinois, Champaign gives its residents lots of reasons to celebrate. A host to abundant arts and culture, scenic outdoor areas, and award-winning local food, Champaign offers the best of both urban and rural worlds. These factors may be the reason that it is the fastest-growing city in Illinois.
Average rent cost: $532 USD/month
4. Oklahoma City, Oklahoma
The “Horse Show Capital of the World,” Oklahoma City, is perfect for those who are looking for a fine balance between old western and modern-day. Overflowing with outdoor activities, romantic nooks, and family-friendly fun, Oklahoma City, “has plenty of hustle without all the hassle.”
Average rent cost: $530 USD/month
3. Greenville, Texas
Having changed significantly over the years, from the time when cotton was king, to more modern times of robotics, aerospace technology, and manufacturing, Greenville is in the midst of a massive growth spurt with no sign of stopping. Having recently opened dozens of new shops, restaurants, and various other attractions, there is an abundance of areas to explore across the city.
Average rent cost: $510 USD/month
2. Rogers, Arkansas
Located in the beautifully scenic Ozark Mountains, Rogers is perfect for those looking for an ideal blend of “trendy new shops and restaurants” with “gorgeous natural scenery, well-worn trails and historic sites.” Although it is growing fast, Rogers maintains the wholesome values and feel of small-town America.
Average rent cost: $510 USD/month
The final city on our list is the mighty capital of Ohio, Columbus. A humble but energetic city situated along the Scioto River, it is one of the country’s fastest-growing cities and was just listed in the New York Times as one of the “52 Places to Visit in 2019.”
Average rent cost: $489 USD/month