Boston ranks high for college graduates

Boston Condos for Sale and Apartments for Rent

Boston ranks high for college graduates

With diploma in hand, many young college graduates are eager to find a metro where they can live, work and thrive. Boston offers an uplifting atmosphere for this demographic, according to a new study from ApartmentAdvisor.

The real estate company ranked U.S. cities based on criteria like mobility, opportunity and entertainment using data from the U.S. Census Bureau, The Council for Community and Economic Research and other sources.

Boston ranked No. 7 thanks to plentiful job opportunities and strong transit systems. Beantown boasted a low unemployment rate at 2.11% and abundant jobs for recent grads at companies like LEGO.

Features like walkability (No. 4 in the nation) and transit options (No. 3) also make Boston an appealing choice. Perhaps that’s why the city ranked No. 5 for percentage of young adult residents.

“Boston has all the makings of a great city for post-grads, with strong career opportunity, world-class walkability, a vibrant restaurant and culture scene and one of the largest young adult communities in the country,” ApartmentAdvisor Vice President of Marketing, Amy Mueller told Boston Agent magazine.

Still, she pointed out, costs may be prohibitive.

“Boston is also one of the more expensive rental markets in the country, so there’s always been a tradeoff for young renters,” she said. “This year’s ranking tells a slightly more encouraging story on that front, with the rent burden calculation showing slightly lower for post-grad earners. The bigger question for agents in this market may be what comes next. Will young renters who plant roots here eventually see a path to ownership in and around Boston?”

Boston Real Estate for Sale

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Boston ranks high for college graduates

Boston ranks among the top 10 best cities for college graduates to settle down and find a job.

CareerBuilder’s college job search site has issued its third annual “Top 10 Best Cities for Recent College Graduate Lists”. Atlanta is the No. 1 city for graduates to relocate, with a one-bedroom apartments averaging $723 per month.

Boston ranked fifth, with a one-bedroom apartment costing around $1,275. Phoenix, Denver, Dallas, Philadelphia, New York, Cincinnati, Baltimore and Los Angeles rounded out the rest of the list.

Rents in New York and Los Angeles were the highest, averaging $1,366 and $1,319, respectively. Cincinnati’s rent was the lowest, averaging $613 for a one-bedroom apartment.