With the year 2010 coming to a close a little over a month ago, one can only guess what the year 2011 holds in store for the apartment industry. The categorization "apartment industry" is a very vague terminology and only begins to scratch the surface of the multiple layers that are involved with apartments. The most obvious, yet interesting, thing that first comes to mind when describing the apartment industry is the variation of markets from city to city across the country. Geographically, apartments will vary based upon the market of each particular city and accordingly, with the standard of living that comes with each region of the country. An apartment of identical size in New York will be much pricier than the same apartment in Alabama, all because of the location and standard of living of each area. With that being said Software Advice did a study in 2010 of the 50 most populous cities in the US and came up with the best places to live based upon several factors. After tabulations were completed it was determined that the top ten cities to rent an apartment in 2010 were as follows:
1. Chicago
2. Arlington, TX
3. Meza, AZ
4. Indianapolis
5. Phoenix
6. Jacksonville
7. Fresno, CA
8. Sacramento
9. Detroit
10. Tucson, AZ
Are any of these a surprise? Here is the complete list of the top 50.
Enjoy!
CLASS Leasing
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