Young Professionals Love Buying Real Estate in These Downtown Areas

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Love Buying Real Estate

It’s no secret that many young professionals choose to relocate to the big city. The opportunities for work and play are vast; these fantastic downtown areas have it all: Transportation, arts, entertainment and culture, affordable housing, and living expenses.  Profeesionals Love Buying Real Estate-

 

Scottsdale, Love Buying Real Estate

Scottsdale, Arizona, is a popular choice for young professionals looking to relocate. Access to the Valley Metro Light Rail and Scottsdale Trolley makes getting around the city and neighboring areas like Tempe, Mesa, and Tempe convenient.

Downtown Scottsdale is highly walkable, with several popular transit options, including stops for the light rail, trolley, and buses.

Aside from the number of activities and attractions downtown, there are plenty of historical sights to see and explore, including Old Town Scottsdale, Scottsdale Museum of Contemporary Art, Musical Instrument Museum, and Taliesin West. Scottsdale is also known for its high average housing prices.

Its popular location in the middle of the Phoenix metro area makes it an attractive place to live. And when you decide to purchase a home, there are several affordable options for young professionals ranging from ~$400,000 to $500,000.

Need help finding a great place to live in Scottsdale? Optima Camelview is an excellent place for young professionals to get away from it. The average cost of a two-bedroom condo for sale in Optima Camelview is approximately $750,000, which is typical of a luxury condo community.

There are several city landmarks to explore, including the Optima Camelview Performing Arts and Conference Center and Frisco Square.

Nashville

Nashville is a fantastic city for young professionals looking to enjoy the country music scene of Music City. The famous “honky tonk” bars line Broadway Street and start the party at night.

Several music venues and museums — including the Country Music Hall of Fame — make up Nashville’s vibrant arts and culture scene. Downtown Nashville is a great place for young professionals looking for a lower-priced apartment.

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The average cost of rent in Nashville is $823, which is about $25 less than the national average. The price range for a two-bedroom condo is $300,000 – $500,000. Bridgestone Americas and Renaissance Holdings Ltd are some companies within its vicinity.

 

Austin, Love Buying Real Estate

Austin’s arts and culture scene is booming and focuses heavily on music venues like The Paramount Theatre, an indoor concert venue that seats approximately 1,400 people. Austin is known for its walking and bike-friendly culture.

It’s a frequent occurrence to see young professionals walking downtown, with an average walk time of fewer than 15 minutes. The average cost of rent for a 2-bedroom apartment in Austin is about $1,000 a month, about $100 less than the national average.

Some companies within a two-mile radius of downtown include American Airlines Group Inc., AngioDynamics Inc., and AT&T Inc.

 

Raleigh

Raleigh features numerous outdoor activities, including outdoor living, parks and trails, shopping, and dining. As one of the most walkable cities in the country, Raleigh has many great spots to enjoy and dine with friends.

The average cost of rent for a 2-bedroom apartment in Raleigh is about $1,000 a month, about $100 less than the national average. It’s also perfect for looking to find an affordable townhome or condo.

There are several city landmarks to explore, including the Raleigh City Market, Raleigh’s Historic District, and RBC Heritage. Raleigh boasts of Aon Corporation and First Citizens Bancshares, Inc., as some notable companies.

 

Santa Fe

Santa Fe is a walkable city with an average walk time of fewer than 15 minutes. Residents have access to numerous galleries, museums, and art spaces like the Georgia O’Keeffe Museum. Santa Fe is full of city landmarks to explore, including the historic Plaza and the Governor’s Palace.

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With a median price of $330,000 for a 2-bedroom condo, Santa Fe’s real estate market is similar to other cities in the U.S. The average cost of rent for a 2-bedroom apartment in Santa Fe is about $1,000 a month, about $100 less than the national average.

Notable companies within a two-mile radius of downtown are American Airlines Group Inc. and Varonis Systems, Inc. in Santa Fe.

 

Miami

Miami is a booming city to live in, especially if you’re looking to make a name for yourself. The South Beach area is filled with restaurants, shopping, and nightlife. Miami is an easy drive to relax at the beach or nearby Miami Beach Convention Center with its excellent amenities.

The South Florida Museum houses over 30,000 pieces of art and historic items worldwide. The Perez Art Museum Miami is also a fun place to visit to see the newest installment of contemporary art pieces. Miami’s real estate market is similar to other cities in the U.S., with a median price of $380,000 for a 2-bedroom condo, similar to other cities in the U.S.

Generally, it costs about $1,000 a month to rent a two-bedroom apartment in Miami, about $100 less than the national average. It’s also perfect for looking to find an affordable townhome or condo. Notable companies within a four-mile radius of downtown:

 

  • Cigna Corporation (NYSE: CI)
  • RBC Capital Markets, LLC.

 

Conclusion

These are a few cities with downtowns known for significant downtown areas. These locations have great amenities such as shopping, arts, and cultural districts, parks and recreation centers, and various restaurants where you can spend time with friends or family.

There are many other affordable downtown areas in the United States to explore. If you’re looking to move away from your current big city into a smaller one, any of these locations may be an excellent fit.

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