Believe it or not, some renters across the country are actually able to save money, according to a recent Zillow report that shows where the most millennials live on their own with relative affordability. At a time when one in five millennials still lives at home with mom and/or dad, it’s comforting to know some places make living easier on the new generation.
- National median rent as of May 2016 is $1,407.
- In Richmond, 15 percent of millennials live alone, making it the friendliest city for solo living.
- Median rent in Richmond is $1,354 and accounts for only 26 percent of area renters' income – less than the national 30 percent affordability average.
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Inman Connect New York | January 29 - February 1, 2019