2016 is right around the corner, ringing in a wealth of new opportunities for everyone in America and abroad. As the job market continues to grow, so will the companies driving the new economy. This also means wages will continue to grow, and more people will be relocating to cities throughout the U.S. for job opportunities.
Job relocation, along with the fact that more Millennials are moving out of the homes they have shared with their parents as well as the emergence of the new Generation Z workforce, means that apartment demand will be at an all-time high. Now is the time to start getting ready for the new year, your new job and your new apartment.
Hot Cities for 2016
Some of the most in-demand cities for 2016 will be Austin, Texas; Houston, Texas; Denver, Colo.; Charlotte, N.C.; and Seattle, Wash. Population-dense cities, such as New York, N.Y.; San Francisco, Calif.; and Boston, Mass., are also beginning to see additional apartment vacancies, due to the high cost of living there.
In addition, according to Livability.com, many of the “best places to live for 2016” are small to medium-sized cities throughout the country. These great places are not only seeing a boom in job opportunities but also an increase in the lifestyle amenities that apartment residents enjoy. These include walkability, trendy restaurants, bars and food trucks; and high-tech connectivity from services such as Google Fiber, and AT&T GigaPower.
A New Apartment for Any Demographic
There really is an apartment for anyone, any lifestyle and any budget. One of the fastest-growing segments of the apartment population is Baby Boomers. Rather than spending their hard-earned retirement funds on a cumbersome mortgage (not to mention the hefty hidden costs of owning a home), they are instead choosing the rental lifestyle and finding apartments with luxuries they would not otherwise be able to afford. The up-and-coming Gen X executives who are relocating are also choosing the flexibility that apartment living offers.
As you can see, 2016 is shaping up to become the year of the renter.
If you are starting a new life and are looking for a new apartment to rent in your city – or anywhere in the U.S. – the best way to the perfect home for you is to visit ApartmentSearch.com. We help you quickly narrow down your choices by neighborhood, walkability, price range and desired amenities – including tech-friendly features. You can even earn up to $200 in rewards for you or to be donated to charity when you let your new apartment community know that you found them on ApartmentSearch.com.