Apartments.com Reveals Top 14 Cities For Snowbirds And Retirees In 2014
Topping the List are Scottsdale, Henderson NV and Tucson
CHICAGO, Nov. 13, 2014 /PRNewswire/ -- As winter rapidly approaches, snowbirds in the north will soon fly off in search of sunshine and relaxation. For snowbirds and retirees who are looking for cities with nice weather, rental availability, affordability, a strong economy and fellow residents who are similar in age, Apartments.com has compiled its second annual list of the Top 14 Cities for Snowbirds and Retirees in 2014.
To develop the Top 14 Cities list, Apartments.com evaluated the following factors:
- Median Age: A population indicator that offers opportunities for friendship with peers
- Average Cost and Availability of Two-Bedroom Apartments: Affordable living options with room for family visitors
- Median Income: An indicator of a thriving economy
- Weather: Only includes cities with at least a 60% average of days of sunshine annually
- Key Amenities: Flexible leasing options for short- or long-term stays, plus air conditioning
"Rental needs change as people get older," said Brad Long, president of Apartments.com. "To develop our Top 14 Cities list, we looked at lifestyle factors that make cities attractive to part-time winter residents, as well as retirees looking for a place to settle down more permanently. While southern Florida is often thought of first for this demographic, our list uncovers many other options, in other areas of the country, that offer more than just sunshine."
The Apartments.com list of the Top 14 Cities for Snowbirds and Retirees in 2014, along with the average monthly rent for a two bedroom apartment, are as follows:
| 1) |
Scottsdale, AZ |
$1,165 |
| • Nearby Mesa, AZ |
$771 |
|
| • Nearby Phoenix, AZ |
$869 |
|
| • Nearby Chandler, AZ |
$966 |
|
| • Nearby Glendale, AZ |
$731 |
|
| 2) |
Henderson, NV |
$980 |
| • Nearby Las Vegas, NV |
$823 |
|
| 3) |
Tucson, AZ |
$778 |
| 4) |
Sacramento, CA |
$910 |
| 5) |
El Paso, TX |
$837 |
| 6) |
Albuquerque, NM |
$825 |
| 7) |
Overland Park, KS |
$991 |
| 8) |
Fresno, CA |
$915 |
| 9) |
Hampton, VA |
$951 |
| 10) |
Wichita, KS |
$699 |
| 11) |
St. Petersburg, FL |
$1,155 |
| 12) |
Plano, TX |
$1,233 |
| 13) |
Little Rock, AR |
$846 |
| 14) |
Richmond, VA |
$928 |
Long adds, "A full and exciting lifestyle is available to snowbirds and retirees in some unexpected places, which is why it pays to look at the full picture when choosing an apartment to call home, whether it's just for this winter or for the longer-term."
Methodology
Apartments.com evaluated cities based on their inventory of available two bedroom apartments, the average rent for a two bedroom apartment (based on data from Apartments.com, September 2014) and median income (source: census.gov). Cities were awarded points for having a higher median age (source: census.gov) and more than a 60% average of days of sunshine annually (source: ncdc.noaa.gov). In addition, weight was given to cities with a high concentration of apartment communities offering short-term leases and air conditioned units (based on data from Apartments.com, September 2014). Cities were penalized for having a high concentration of student housing (based on data from Apartments.com, September 2014) and any city with less than a 60% average of days of sunshine annually was eliminated. Only the top city in each metro area was ranked for the top 14 list, and nearby cities with a favorable profile for snowbirds and retirees (according to the criteria above) are noted as bullet points.
About Apartments.com
Apartments.com (http://www.apartments.com) is a leading national apartment Internet listing subscription service with more than 50,000 unique addresses representing millions of rental units from managed properties and for-rent-by-owner properties. By incorporating the most relevant products to reach renters including personalized searches and highly visual ads featuring live chat, real-time rent, online video walk-through demonstrations, professional photography, a responsive website and iPhone and Android apps, Apartments.com creates easy access to its listings. Providing unmatched exposure to its advertisers through an intuitive name, strategic search engine placements and innovative emerging media, Apartments.com reaches millions of renters nationwide, driving both qualified traffic and highly engaged renters to leasing offices nationwide. Apartments.com also owns rental website Apartment Home Living (http://www.apartmenthomeliving.com), a leading social media apartment website distinguished by a "live for fun" community experience, proprietary lifestyle matching and local living guides to help renters find their perfect place to live.
This news release contains "forward-looking statements" including, without limitation, statements about Apartments.com's expectations, beliefs, intentions or strategies. These statements are based upon current beliefs and are subject to many risks and uncertainties that could cause actual results to differ materially from these statements. The following factors, among others, could cause or contribute to such differences: the risk that the trends reported or implied in this release do not continue or produce the results suggested by such trends, and the risk that alternative research methodology could produce different results now or in the future. All forward-looking statements are based on information available to Apartments.com on the date hereof, and Apartments.com assumes no obligation to update or revise such statements, whether as a result of new information, future events or otherwise.
SOURCE Apartments.com
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