"Given the current economy, new grads looking to relocate are becoming increasingly concerned with the cost of living as they are faced with more competition for jobs than seen in previous years," said Tammy Kotula, public relations and promotions manager at Apartments.com. "With these very real concerns weighing on the minds of many, two leading online resources for apartments and jobs have come together to paint a realistic landscape of both the job market and cost of living in the most popular cities for young adults after college."
Both Apartments.com and CBcampus.com have done the legwork for young professionals to begin their new lives with confidence as the "Top 10 Best Cities for Recent College Graduates" list supplies soon-to-be graduates with the knowledge of entry-level job openings, rental prices for one-bedroom apartments and most popular resident populations of young adults.
Top 10 Best Cities for Recent College Graduates, including the average rent for a one-bedroom apartment:
1. Indianapolis - $625
2. Philadelphia - $1,034
3. Baltimore - $1,130
4. Cincinnati - $691
5. Cleveland - $686
6. New York - $1,548
7. Phoenix - $747
8. Denver - $877
9. Chicago - $ 1,133
10. San Antonio - $696
The "Top 10 Best Cities for Recent College Graduates" research was based on the ranking of the top U.S. cities with the highest concentration of young adults (age 20 - 24) from the U.S. Census Bureau (2006), inventory of jobs requiring less than one year of experience from CBcampus.com (2009) and the average cost of rent for a one bedroom apartment from Apartments.com (2009).
About Apartments.com
Apartments.com (http://www.apartments.com/) is the most visited national apartment Internet listing subscription service with more than 50,000 unique addresses representing more than three million rental units from managed properties, newspaper classifieds and for-rent-by-owner properties. With personalized searches, highly visual ads featuring "Walk Through Video," "Apartments.com Anywhere" mobile solutions, 360-degree virtual tours, professional photography, and comprehensive community listings, Apartments.com makes it possible for renters to access apartment rental inventory from across town or across the country. Leads from highly qualified ready-to-rent prospects are delivered to Apartments.com customers, increasing closure rates and decreasing the average cost of leasing an apartment. The Web site's foundation of solid partnerships with the local newspaper and television station Web sites of more than 1,000 newspaper affiliate and strategic partners across the country include Yahoo! Real Estate, AOL Real Estate, Univision (www.univision.com), the Chicago Tribune (www.chicagotribune.com), The Washington Post (www.washingtonpost.com) and the Los Angeles Times (www.latimes.com). Apartments.com is a division of Chicago-based Classified Ventures, LLC. Additionally, Apartments.com owns and operates Apartment Home Living
(http://www.apartmenthomeliving.com), a leading social media apartment Web site distinguished by a "live for fun" community experience, proprietary lifestyle matching and local living guides to help renters find their perfect place to live.
About CBcampus.com
CBcampus.com is a division of CareerBuilder, the global leader in human capital solutions. College students and alumni can quickly target job and internship opportunities for their experience-level from the nation's top employers. They can also post resumes, get the latest news on companies and industries, sign up for automatic job alerts, view local career fairs and tap into advice on everything from writing resumes to on-the-job success. For more information, visit www.CBcampus.com.
Apartments.com Media Contact:
Tammy Kotula
Apartments.com
Public Relations & Promotions Manager
Phone: (312) 601-5249
Email: tkotula@apartments.com
CareerBuilder Media Contact
For all media inquiries and interview requests, contact:
Jennifer Grasz
(P) 773-527-1164
(E) jennifer.grasz@careerbuilder.com