Cleveland is one of the 18 biggest cities with the cheapest rent
It’s a common conundrum: Pay thousands in rent to live in a big city, or save the cash and move to a small town?
The question comes up most frequently among young Americans, who move an average of four times between the ages of 18 and 30. According to a 2015 Ipsos Public Affairs study, young adults rated «overall cost of living» as the most important consideration for a move, with 81 percent of respondents giving that factor at least an eight out of 10 (with 10 being the highest). But about half of respondents rated city centric factors as extremely important as well, including «available jobs» and «amenities like cultural institutions, parks, farmers markets.» Nearly one in three gave similarly high scores to «racial and ethnic diversity.»
FindTheHome, a real estate site that’s part of the Graphiq network, set out to answer that very question. To do so, the team analyzed every American city with cheap jerseys at least 250,000 residents (more than 70 altogether), then ranked the list by gross median rent. Finally, the team selected the most affordable 18 cities, all of which offer renting rates at least 14 percent below the national average ($920 per month). Census. The gross median rent figures account for utilities (electricity, gas, water, sewer) and fuels (oil, coal, kerosene, etc.), but do not account for other costs, like internet, health care, education, gas and groceries. Income also varies from city to city, a figure which can significantly offset a high monthly rent payment FindTheHome has noted average income rates by city for context throughout.
The Midwest dominates the list, with cities from Ohio and Indiana particularly well represented. Meanwhile, with apologies to New York City and San Francisco, coastal cities were shut out, all of which were far too expensive to qualify.
In the case of a tie, the city with the higher average per capita income was ranked higher. Without further ado, let’s run down each of the 18 big but on a budget cities, complete with an interactive visualization for each.
WASHINGTON SEPTEMBER 17: Little Caesar Enterprises, Inc. founder Michael Ilitch (R) hands out pizza made by the Little Caesars Love Kitchen, a mobile pizza kitchen, in front of the Department of Veterans Affairs building September 17, 2007 in Washington, DC. The Love Kitchen was in town to provide hot pizza meals to http://www.cheapjerseys11.com/ homeless people including homeless veterans. Little Caesar founder Michael Ilitch was awarded with the Secretary Award Monday by the Department of Veterans Affairs to recognize his support of veterans. (Photo by Alex Wong/Getty Images) Local Caption Michael Ilitch.