Boulder Is The Top City In The U.S. For Gen Z Renters: Report

Boulder CO

01 March, 2021

11:11 AM

Description

BOULDER, CO — While it's a no-brainer that people in their late teens and early 20s move to university towns each year to attend college, some spots are able to retain the newcomers with job opportunities, culture, lifestyle and other factors. Boulder is the top city in the nation for Generation Z — or 'Zoomer' — renters, according to a new RENTCafé study. Analysts looked at 3 million rental applications in more than 40,000 communities across the U.S., and found that Boulder has the highest share of Gen Z renters in the country — 65 percent, the report shows. Zoomers have even outpaced their predecessors in Boulder — only 22 percent of renters in the city are Millennials, according to the study. It may come as no surprise that Boulder's home and rental prices aren't affordable for the majority of Millennials, many of whom have children. Don't miss the latest news updates in Boulder: Free Boulder Patch Newsletters and Email Alerts | Facebook | Twitter Compared to other Colorado cities, Westminster saw the highest increase in apartment applications — 35 percent — in one year, the report shows. Around 23 percent of the city's renters are Zoomers. Colorado Springs is the second trending city in our state — rental applications went up by 29 percent, boosting the Gen Z representation in the city to 31 percent, according to the study. Top 5 Gen Z cities in the country: BoulderDavis, CAConway, ARBloomington, INAnkeny, IA >> Read the full RENTCafé report here.