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Finance

10 Best Rental Markets for 2025 College Graduates

Last updated: June 12, 2025 9:55 am
Oliver James
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5 Min Read
10 Best Rental Markets for 2025 College Graduates
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Congratulations to the class of 2025! Recent post grads have bright futures ahead of them, especially if they relocate to the 10 cities identified by Realtor.com as having the best rental markets.

Contents
1. Austin, Texas2. Raleigh, North Carolina3. Overland Park, Kansas4. Minneapolis, Minnesota5. St. Louis, Missouri6. Richmond, Virginia7. Pittsburgh, Pennsylvania8. Scottsdale, Arizona9. Richardson, Texas10. Atlanta, Georgia

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While none of these cities include popular metros like New York or Los Angeles, this is actually a good thing (and not surprising to hear either). Both cities have wildly competitive, expensive rental markets and a high cost of living that outpaces the earnings of new graduates. The 10 best rental markets, according to Realtor.com, are largely found in the South and Midwest. These markets offer new grads affordable rent, as well as plenty of job opportunities and reasonable commutes.

See which 10 rental markets are worth exploring if you’re a recent college graduate.

Nicolas McComber / Getty ImagesNicolas McComber / Getty Images
Nicolas McComber / Getty Images

1. Austin, Texas

  • Median rent: $1.504

  • Rent to income ratio: 18.9%

  • Rental vacancy rate: 8.2%

  • College grad friendly occupations: 29.4%

  • Average commute time: 25 minutes

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April Ann Canada / Getty Images/iStockphotoApril Ann Canada / Getty Images/iStockphoto
April Ann Canada / Getty Images/iStockphoto

2. Raleigh, North Carolina

  • Median rent: $1,524

  • Rent to income ratio: 20%

  • Rental vacancy rate: 9%

  • College grad friendly occupations: 30.4%

  • Average commute time: 25 minutes

Discover More: 21 Affordable Small Cities To Retire on the East Coast

TriggerPhoto / iStock.comTriggerPhoto / iStock.com
TriggerPhoto / iStock.com

3. Overland Park, Kansas

  • Median rent: $1,351

  • Rent to income ratio: 20.6%

  • Rental vacancy rate: 9.2%

  • College grad friendly occupations: 25.5%

  • Average commute time: 22 minutes

Gian Lorenzo Ferretti Photograph / Getty ImagesGian Lorenzo Ferretti Photograph / Getty Images
Gian Lorenzo Ferretti Photograph / Getty Images

4. Minneapolis, Minnesota

  • Median rent: $1,528

  • Rent to income ratio: 19.7%

  • Rental vacancy rate: 5.2%

  • College grad friendly occupations: 27.3%

  • Average commute time: 24 minutes

Sean Pavone / Getty Images/iStockphotoSean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

5. St. Louis, Missouri

  • Median rent: $1,335

  • Rent to income ratio: 20.8%

  • Rental vacancy rate: 8%

  • College grad friendly occupations: 25.1%

  • Average commute time: 25 minutes

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Sean Pavone / Getty Images/iStockphotoSean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

6. Richmond, Virginia

  • Median rent: $1,502

  • Rent to income ratio: 23.2%

  • Rental vacancy rate: 8.2%

  • College grad friendly occupations: 25.3%

  • Average commute time: 23 minutes

Sean Pavone / Getty Images/iStockphotoSean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

7. Pittsburgh, Pennsylvania

  • Median rent: $1,461

  • Rent to income ratio: 22.3%

  • Rental vacancy rate: 8.7%

  • College grad friendly occupations: 24.3%

  • Average commute time: 25 minutes

DenisTangneyJr / Getty Images/iStockphotoDenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

8. Scottsdale, Arizona

  • Median rent: $1,530

  • Rent to income ratio: 22.5%

  • Rental vacancy rate: 7.9%

  • College grad friendly occupations: 23%

  • Average commute time: 23 minutes

Consider This: 3 Best States To Buy Property in the Next 5 Years, According To Experts

Trong Nguyen / Shutterstock.comTrong Nguyen / Shutterstock.com
Trong Nguyen / Shutterstock.com

9. Richardson, Texas

  • Median rent: $1,472

  • Rent to income ratio: 22.4%

  • Rental vacancy rate: 8.9%

  • College grad friendly occupations: 24.4%

  • Average commute time: 26 minutes

novikat / Getty Images/iStockphotonovikat / Getty Images/iStockphoto
novikat / Getty Images/iStockphoto

10. Atlanta, Georgia

  • Median rent: $1,604

  • Rent to income ratio: 24.1%

  • Rental vacancy rate: 9.3%

  • College grad friendly occupations: 24.7%

  • Average commute time: 29 minutes

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This article originally appeared on GOBankingRates.com: 10 Best Rental Markets for 2025 College Graduates

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