Moving to a brand-new city can be a daunting prospect. However, it can also be an exciting adventure, especially if you're able to choose your new city. Some benefits of settling in the right location include greater affordability, increased job opportunities, and a heightened quality of life.
The US offers a vast array of cities for renters with options fitting virtually every interest. From the sun-filled scenery of the southwest to quaint coastal towns in the Carolinas—there's certainly no shortage of options for renters to choose from. So, to help narrow your search and consider essential factors such as affordability, job market, and overall well-being, here's a curated list of the top American cities for renters in 2024, courtesy of Progress Residential.
Each of the following five locations ranks highly in the above areas and would make a great place to call home, now and in the foreseeable future. From Dallas, Texas, to Memphis, Tennessee, here is a closer look at today's best cities for renters, kicking things off with Scottsdale, Arizona!
Scottsdale, Arizona
Scottsdale, Arizona, has quickly become one of today's most popular cities in which to rent a home. This desert oasis isn't just about stunning scenery, a thriving economy, competitive job opportunities, and residents enjoying an excellent quality of life.
Scottsdale is your gateway to outdoor adventures. With sunshine year-round, ditch those winter coats and dust off your hiking boots! When you're not soaking up the sun, dive into the city's dynamic cultural scene. There's something for every interest, from world-class museums to electrifying sporting events. Scottsdale truly has it all!
Dallas, Texas
Texas is attracting record numbers of new home renters. Although the average rent in Dallas, in particular, is higher than the national average, its booming economy and excellent quality of life are significant factors drawing new renters in. Moreover, renters in Dallas are bringing in some of the highest salaries in the entire state, making it the perfect place to settle down!
To learn more about Texas' economy, the Texas Workforce Commission website, https://www.twc.texas.gov/, publishes data on employment and economic indicators.
Jacksonville, Florida
Jacksonville, Florida, isn't just a city; it's a lifestyle! Imagine affordable rent that leaves you with plenty of room for fun, all while living in a coastal paradise. Jacksonville is the sweet spot you've been searching for, with average incomes above the national average and cost of living slightly below, making Jacksonville a place where you can live comfortably.
This vibrant city is overflowing with entertainment, cultural hotspots, and sporting events to keep you busy year-round. Factor in great schools and top employers; it's easy to see why it's one of Progress Residential's top cities for home renters in 2024.
To learn more about Jacksonville, Florida's economy, https://www.jacksonville.gov/ publishes employment and economic data updates.
Memphis, Tennessee
Memphis, Tennessee, is the Graceland of top places to rent a home this year. This southern gem is brimming with musical history and opportunities for new renters. Finding your perfect rental home in Memphis is a walk in the park (or should we say stroll down Beale Street?).
It also wins on several other fronts, such as terrific rental availability and lower-than-average monthly costs. All combined, it's a winning recipe inspiring a fantastic quality of life for renters looking to relocate in 2024.
To learn more about Memphis, TN, economy, the Bureau of Labor Statistics https://www.bls.gov/eag/eag.tn_memphis_msa.htm publishes employment and economic data updates.
Charlotte, North Carolina
Last but certainly not least, we have Charlotte, North Carolina. This Southern metropolis ranks highly on three main fronts: low cost of living, booming local economy, and high quality of life. Alongside Raleigh, Charlotte is now one of North Carolina's top cities for home renters, combining pleasant year-round weather and abundant Southern charm.
From its vibrant art scene to its top-notch restaurants and affordable rent that frees you up to explore everything Charlotte has to offer. The city boasts pleasant year-round weather, perfect for enjoying the outdoors or catching a Charlotte Knights baseball game. And let's not forget that Charlotte is a friendly, welcoming city that will make you feel right at home.
To learn more about Charlotte, NC's economy, the City of Charlotte https://www.charlottenc.gov publishes employment and economic data updates.
Progress Residential
Whether you're looking for a new city with a thriving job market, excellent year-round weather, or lots to see and do, the above locations are fantastic places to meet your needs. Progress Residential has a wide selection of properties available for rent in many of these vibrant cities. If you're looking for a new place to call home, why not start your property search with Progress Residential?