Small-size cities situated primarily within the South and Southeast make the very best locations to lease this yr, a latest examine by RentCafe.com revealed. Particularly, the Austin, Texas, suburb of Spherical Rock emerged because the nation’s greatest place to lease in 2022.
RentCafe.com’s annual rating of greatest cities for renters is predicated on proprietary knowledge about tons of of cities throughout the U.S., of which 115 places had been deemed appropriate candidates. RentCafe’s analysis crew factored in these places’ value of dwelling, choice and high quality of flats accessible, high quality of neighborhoods, occupancy charges, entry to facilities, commute instances, high quality or air, high quality of public faculties, alternatives for job progress, median revenue and lots of different metrics.
Small Southern markets accounted for about half of the highest 50, in accordance with RentCafe’s evaluation. What all these cities have in frequent is a wholesome tempo of recent condominium development and a fantastic collection of amenity-rich properties.
Spherical Rock leads a cohort of Southern places
Positioned simply 15 miles of Austin, Spherical Rock was the best possible metropolis for renting in 2022, confirming Texas’ attraction for renters. With a inhabitants of just below 130,000, Spherical Rock stands out because of its extremely rated faculties, massive provide of high-end flats (making up about 75 p.c of the entire housing inventory) and among the best job progress charges within the nation (9.1 p.c).
Subsequent got here Raleigh, N.C., the place renters take pleasure in a fantastic high quality of life, a few of the largest condominium sizes within the rating (averaging 958 sq. ft), a big share of high-end rental models (65 p.c), brief commute instances (17 minutes on common), and practically 200 days with good air high quality, amongst others.
One other small metropolis in Texas, Conroe, took the third spot. Positioned some 40 miles straight north of Houston, greater than 70 p.c of the rental models listed here are high-end, which implies that renters have entry to a various collection of high-quality flats.
Rounding up the highest 5 had been Greenville, S.C., and Orlando, Fla.—which was additionally one of many nation’s best rental markets in 2022.
Jacksonville is the very best massive cities for renters
Out of the massive cities—with a inhabitants over 600,000—analyzed by RentCafe’s analysis crew, Jacksonville ranked highest when it comes to renting. Other than nice climate and lots of leisure alternatives, folks renting in Jacksonville profit from a mix of energetic social scene and serene outside areas.
Charlotte, essentially the most populous place in North Carolina, additionally ranked excessive among the many massive cities, primarily because of its robust financial system and dynamic enterprise panorama. Subsequent got here Austin, a thriving tech hub and a magnet for brand spanking new residents lately.
Different massive cities rating excessive for apartment-dwellers this yr had been Houston and Fort Value, Texas; Columbus, Ohio; Nashville, Tenn.; Denver; and Oklahoma Metropolis, Okla.