St. Louis, MO led the pack with 18.6% affordability, while Dallas, TX (14.9%) and Houston, TX (10.4%) came in second and third. There was a distinct drop-off after fifth-place Phoenix, however, with the rest of the top cities having no more than 5% affordable housing stock. Woof.
The absolute worst place for college grads? Portland, OR, with a measly 0.1% of its rental units qualifying as affordable to recent grads. In fact, the percentage of affordable units in each of the bottom 10 metros fell below 1%, including markets like Miami, New York, Los Angeles, Boston, and Chicago.
Basically, if you wanna move to any of the cities college grads typically want to move to, either start looking for roommates or ask Mom and Dad to extend the familial welfare program a little bit longer.