Friday, July 10, 2015

San Antonio Rents Too Expensive for Millennials


San Antonio came in 23rd on a list of the top 23 expensive places to rent for young adults, The San Antonio Business Journal reports.

The report was done by Zillow for Bloomberg and looked at 50 cities around the United States.  Millennials can't afford almost 51 percent of all the residential housing in San Antonio.

Miami was the most unaffordable for the younger set, with 92 percent of real estate priced too high for millennials.  Houston was the most expensive city in Texas for that demographic, then Austin, Dallas and San Antonio.

The list used millennial's median income and looked for rental listings that were one-third or less of those earnings.  

Are you a millennial looking for an #apartment you can afford in #SanAntonio?  San Antonio Apartments Now can help!  Give us a call today at 210-255-3074.