Renters Are Most Satisfied With Conditions in Boston and San Francisco

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By Douglas A. McIntyre Updated Published
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Renters Are Most Satisfied With Conditions in Boston and San Francisco

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Apartment List recently polled 30,000 renters nationwide to measure the satisfaction with life in their cities. Ironically, cities with the highest rents did best, perhaps because these cities draw large influxes of people, which in turn drives rent. That theory, however, is not proven. Among large cities, Boston, Denver, Charlotte and San Francisco were the winners.

Poor run-down cities were at the other end: Baltimore, Memphis and Detroit

The survey included opinions about crime, weather, recreation, schools, affordability, commutes, state and local taxes, public transit and pet friendliness. (The affordability makes no sense, based on cost of living in the most expensive cities.)

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In general, small and midsized cities received better ratings: 52% of them received an A− or higher, compared to only 24% of large cities. California had six cities that received A+ overall scores: Burbank, Chula Vista, Glendale, Irvine, Pasadena and Santa Monica. Arizona, Colorado and Virginia each had two cities with A+ ratings.

The strongest predictor of overall satisfaction was local job and career opportunities: Cities that scored an A− or above on that metric were nearly 3.6 times as likely to score an A− or above for city satisfaction as those that scored a C or below.

The second most important factor for city satisfaction was satisfaction with safety; however, nationwide, only 52% of renters were either satisfied or very satisfied with their local safety and crime rates.

Affordability continues to be a concern for renters, with 44% of them saying that they are “very dissatisfied” or “somewhat dissatisfied” with affordability in their city.

California? Go west young man.

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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