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Looking for Somewhere Amazing to Live? Meet the Most Millennial-Friendly Cities in America!

The iServe Blog

Young people may be waiting longer to hit the traditional milestones, but this delay provides plenty of time for exploration and checking out some of the top places in America to live. With few strings attached and a desire for adventure, Millennials are flocking to cities like Austin, Philadelphia and Raleigh. Abundant social opportunities, lots of other young adults and a thriving startup scene are just a few of the reasons Millennials are choosing these vibrant destinations to set down roots.

6 Youthful Cities Perfect for Millennial Home Buyers

Washington, DC

Washington is actually one of the fittest locations in the country, thanks to an abundance of parks and a slightly congested public transportation system. Most people bike, walk or jog to work to avoid traffic. Home prices here are surprisingly affordable and with over 1,000 coffee shops per 100,000 residents and a diverse group of food options, the capital city continues to be a draw for young adults. VA mortgage loans and other special residential mortgage programs make it easier than ever to afford a home in DC.

Austin, TX

There’s a reason Austin is one of the fastest growing cities in the US! This startup magnet is also home to music, art and major annual events like SXSW and a thriving food and bar scene. For Millennials who crave music, social gatherings, art and plenty of other singles, Austin is a don’t-miss destination. Working with a Millennial-friendly residential mortgage company can help you swiftly determine what you can afford in this dynamic and growing city.

Raleigh, NC

Nestled in the heart of North Carolina, Raleigh is a haven for tech companies, making it ideal for recent grads and those looking to secure a position in a thriving field. High pay rates combined with low rent and home prices also make this city one to watch for Millennial home buyers. A few hours from the beach or mountains, this thriving city is packed with social opportunities, from breweries to barbeque joints designed with young adults and singles in mind.

St. Paul, MN

St. Paul markets itself as the “Most Livable City in America” and if you can stand the cold, you’ll be at home in this dynamic and thriving city. With very high scores for movement and activity on the American Fitness index and a huge amount of open parkland and green spaces, St. Paul is appealing for those looking for an active healthy lifestyle. Minutes away from those parks and outdoor adventure opportunities are sports teams, coffee houses, bars and more designed to appeal to young adults. This city is particularly appealing to young adults who want to be homeowners; low home prices and an easy residential mortgage application make St. Paul a city to watch for young adults.

Denver, CO

About a third of all Denver jobs are held by 19- to 34-year-old workers; from the abundance of social and outdoor activities to a varied and affordable bar and brewery scene, the Mile-High City has plenty to offer. The city’s dynamic and appealing startup scene is a big draw for young adults hoping to make a mark. Denver’s affordable housing makes it a realistic option for Millennials, too. Prices vary, but working with mortgage loan lenders to determine which loan types are best for you can help keep costs in line.

Philadelphia, PA

It may be known for cheesesteaks, soft pretzels and sports teams, but the city of Brotherly Love is also a powerful draw for Millennials. With cheap housing, abundant transportation and a bustling, active social scene, Philadelphia is a hit with young adults. Philadelphia is so appealing to Millennials that 19- to 34-year-olds account for almost half of the downtown population, with bars, coffee shops and retailers competing to serve this rapidly growing market.

No matter where you live, buying instead of renting can help you become part of the neighborhood in a whole new way – and help you afford a bigger, better place, too. Learn more about the home buying process and find out what you can afford by contacting a residential mortgage company today.