This North Carolina City Just Made Top 10 List For Renters With Families And Here’s Why
Life changed over the last few years. And, it’s especially true post-pandemic. Also, with the changing economy a lot of folks chose to cash out, selling their homes and dipping their toes into the renting market. And, RentCafe.com, a site that helps renters locate properties, just published a list of the best cities for renters with families. So, one North Carolina city made the top 10. And, you may have guessed, it’s Raleigh. So let’s explore why.
Rent Cafe pointed out that there are around 68 million renters with families. I recall back in the day, it was mostly young professionals or singles and college students in the rental market. However, dynamics shifted. Hey, my husband and I even got back in the rental game a couple of years ago. Our son is in college, and we wanted to downsize and move into the state where he was in school to save money. And, with so many more renters these days, Rent Cafe looked at 140 cities in the U.S. to see what they had for renters who also have children.
According to the study, most of the popular options are in the South. The number one spot was Plano, Texas. But, there were locations in Georgia and Virginia also. To arrive at the best rankings, they analyzed 25 metrics. Some of those included cost of living, availability of apartments to fit a family, quality of schools and anything else relating to children’s needs. And, apparently, Raleigh fit as the 9th best city for renters with families because of economy, and quality of life. Of course, with its proximity to major universities like UNC and NC State, research and development played a role in the ranking.
And, the study pointed out Raleigh has plenty of museums and parks. Plus, it indicated that they found a good number of apartments large enough for families. So, add Raleigh, North Carolina to your list of considerations if you are one of the many families looking to rent. See Rent Cafe’s full list here.
These 6 Cities Are The Best Places To Retire In North Carolina
6. Greensboro, NC
Greensboro, North Carolina skyline from the west. (Photo: Raynor Garey/Getty Images)
Median monthly mortgage cost: $1,195
Median monthly rent: $846Greensboro is much more affordable than the other large metro areas of the state but it’s still a short drive from all those cities have to offer.
5. Charlotte
Median monthly mortgage cost: $1,419
Median monthly rent: $1,073The largest city in the state has a lot to offer retirees and many others. And while the cost of living is higher than other areas of the state it’s cheaper than many parts of the country.
4. Hickory
Median monthly mortgage cost: $1,048
Median monthly rent: $708Hickory keeps popping up on lists among the top cities in North Carolina, and in this case placing higher than Charlotte. It’s lower cost of living is a large factor in those rankings.
3. Winston-Salem
Median monthly mortgage cost: $1,178
Median monthly rent: $790A quieter city in the Triad and with easy access to the popular Yadkin Valley, Charlotte, lakes, and other resources makes Winston a fantastic place to retire.
2. Raleigh and Durham
Raleigh, North Carolina, USA downtown skyline.
Median monthly mortgage cost: $1,602
Median monthly rent: $1,162The triangle gives residents all the benefits of a large city and a metro of the state’s most prominent college towns.
1. Asheville
Asheville, North Carolina, USA at twilight.
Median monthly mortgage cost: $1,357
Median monthly rent: $953While it has a significant cost of living, if you can afford to retire in Asheville then its money well spent to spend your time in the beautiful mountains.
