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Singles are jumping into the housing market, particularly single women.
To find where they are most active, LendingTree researchers analyzed several factors, including median single-person household incomes, percentage of single households, median monthly housing and rent costs, and more for the nation’s 50 largest metros.
The top three cities emerging for singles are Buffalo, N.Y., with Cleveland second and Louisville, Ky., third, according to the LendingTree analysis.
“Though they may not always have the ‘cool’ factor associated with areas like San Francisco and Seattle, metros like Buffalo, N.Y., and Cleveland, Ohio, are often great choices for single people,” says Jacob Channel, LendingTree’s senior economist. “Their low costs of living combined with perks like relatively short commute times can make these areas worthwhile for those who are on their own.”
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