These Are Zillow’s 10 Best Markets for First-Time Home Buyers This Year
St Louis, MO
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Home Buying Age Households As a Share of Total Households: 26%
- Percentage of Median Household Income Spent on Rent: 20%
- Affordable Listings As a Percent of Total For-Sale Inventory: 67%
- Affordable Listings To Renter Household Ratio: 3.4 per 100 Renters
Detroit, MI
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Home Buying Age Households As a Share of Total Households: 24%
- Percentage of Median Household Income Spent on Rent: 21%
- Affordable Listings As a Percent of Total For-Sale Inventory: 64%
- Affordable Listings To Renter Household Ratio: 4 per 100 Renters
Minneapolis, MN
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Home Buying Age Households As a Share of Total Households: 28%
- Percentage of Median Household Income Spent on Rent: 20%
- Affordable Listings As a Percent of Total For-Sale Inventory: 48%
- Affordable Listings To Renter Household Ratio: 2.5 per 100 Renters
Indianapolis, IN
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Home Buying Age Households As a Share of Total Households: 29%
- Percentage of Median Household Income Spent on Rent: 22%
- Affordable Listings As a Percent of Total For-Sale Inventory: 50%
- Affordable Listings To Renter Household Ratio: 2.6 per 100 Renters
Austin, TX
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Home Buying Age Households As a Share of Total Households: 34%
- Percentage of Median Household Income Spent on Rent: 20%
- Affordable Listings As a Percent of Total For-Sale Inventory: 23%
- Affordable Listings To Renter Household Ratio: 1.3 per 100 Renters
Pittsburgh, PA
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Home Buying Age Households As a Share of Total Households: 24%
- Percentage of Median Household Income Spent on Rent: 22%
- Affordable Listings As a Percent of Total For-Sale Inventory: 63%
- Affordable Listings To Renter Household Ratio: 3.7 per 100 Renters
San Antonio, TX
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Home Buying Age Households As a Share of Total Households: 31%
- Percentage of Median Household Income Spent on Rent: 23%
- Affordable Listings As a Percent of Total For-Sale Inventory: 33%
- Affordable Listings To Renter Household Ratio: 2.6 per 100 Renters
Birmingham, AL
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Home Buying Age Households As a Share of Total Households: 25%
- Percentage of Median Household Income Spent on Rent: 22%
- Affordable Listings As a Percent of Total For-Sale Inventory: 47%
- Affordable Listings To Renter Household Ratio: 4.2 per 100 Renters
Kansas City, MO
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Home Buying Age Households As a Share of Total Households: 27%
- Percentage of Median Household Income Spent on Rent: 21%
- Affordable Listings As a Percent of Total For-Sale Inventory: 51%
- Affordable Listings To Renter Household Ratio: 2.2 per 100 Renters
Baltimore, MD
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Home Buying Age Households As a Share of Total Households: 27%
- Percentage of Median Household Income Spent on Rent: 22%
- Affordable Listings As a Percent of Total For-Sale Inventory: 56%
- Affordable Listings To Renter Household Ratio: 2.3 per 100 Renters