Job hunting is a more tedious process than ever, and if you're living in an expensive city your rent may be increasingly unmanageable the longer you're unemployed. Relocation is one way to cast a wider net on available jobs and it's possible you'll score a job in a city that's less expensive than your current address. A tough job market is all about compromise, so ruling out a move probably isn't the smartest decision.
BusinessWeek claims that we're in a renters market and teamed up with real estate data firm Reis to determine the 25 most affordable large metro areas. They made their ordered selections by evaluating rents as a portion of local income. Here are the top ten cities on their list of the most affordable big cities for renters.
- Oklahoma City
- Greenville-Spartanburg-Anderson, South Carolina
- Houston-Baytown-Sugar Land, Texas
- Portland-Vancouver-Beaverton, Oregon / Washington
- Hartford-West Hartford-East Hartford, Connecticut
- Salt Lake City
- San Antonio
- St. Louis
- Richmond, Virginia