Gen Z Top Cities

Gen Z is stepping up to the housing market with ambitious goals. Nearly half of this generation, aged 27 and younger, plan to purchase a home within the next five years. Despite many still living with family, 18% already own homes or live with a homeowner spouse, signaling growing interest in independence and financial stability.

For those eyeing the future, some U.S. cities stand out as ideal for young adults. With a focus on affordability, economic opportunities, and quality of life, recent data highlights where Gen Z is finding the best opportunities to live well.

Best Overall Cities For Gen Z Homeownership

A recent study analyzed 138 cities across factors like income, homeownership rates, student loan burdens, and access to entertainment. Some unexpected locations emerged as top choices for young adults under 25.

Top Cities Leading The Way

• Salt Lake City, UT: $589,900 median home price. Low unemployment and rising young adult population.
• Abilene, TX: $236,900 median home price. Affordable and growing in popularity.
• Des Moines, IA: $234,900 median home price. Attractive for its low cost of living.
• Boise, ID: $529,900 median home price. Scenic and full of opportunity.
• Las Cruces, NM: $315,950 median home price. Affordable and culturally vibrant.

Cities like Salt Lake City are seeing significant growth among young adults, offering affordability and access to outdoor activities. Smaller cities like Abilene and Des Moines provide financial relief for first-time buyers.

Also Read: Why The Average 30-Year Fixed Mortgage Rate Jumped To 7%

The Phoenix Metro Ranked As A Top Destination For Gen Z

Best Big Cities For Young Adults

For those who prefer larger metro areas, a few standouts offer strong job markets, relatively low student loan burdens, and more affordable housing compared to other urban hubs.

Leading Metro Areas

• Phoenix, AZ: $475,000 median home price. Good job market, particularly in tech.
• Austin, TX: $599,000 median home price. Known for its tech-driven economy.
• Dallas, TX: $425,000 median home price. Strong employment opportunities.
• San Antonio, TX: $285,994 median home price. A more affordable Texas option.
• Houston, TX: $325,990 median home price. Attracting new residents with its diversity and economy.

Phoenix stands out as a leading destination for Gen Z professionals. Its growing tech industry and relatively affordable housing make it a magnet for young talent. Meanwhile, Texas cities dominate the list, providing a mix of affordability and career prospects.

Also Read: NAR Chief Economist Lawrence Yun Talks About 2025 & 2026

Regional Trends In Young Adult Migration

Young adults are increasingly drawn to the South and West, where the cost of living is lower and job opportunities abound. Over the past decade, the Northeast has seen a sharp decline in its young adult population, while the West and South have experienced notable growth.

Migration Highlights

• Northeast Declines: The young adult population dropped 9.6% over 10 years. New York City and Philadelphia each saw a 15% decrease.
• Southern Growth: Cities like Round Rock, TX, and Alexandria, VA, saw population increases of 160% and 106%, respectively.
• Western Appeal: The West leads with a 4.4% increase, offering affordability and access to outdoor recreation.

Economic pressures and housing costs in the Northeast are driving many young adults southward. Cities like Alexandria and Round Rock are gaining attention for their balance of job opportunities and livability.

A Rising Generation’s Housing Outlook

As Gen Z looks to the future, their choices are reshaping housing trends across the country. From affordable hubs like Des Moines to growing metros like Phoenix, this generation is redefining where young adults can flourish. The combination of economic opportunity, affordability, and lifestyle amenities will likely continue driving their migration patterns for years to come.

Also Read: Gen Z Is Making Their Entry Into The Homeownership Arena