San Antonio residents born between 1994 and 2000 — we're talking to you, Gen Z — will spend $128,637 in rent before they turn 30, according to a study published last month by online rental marketplace RentCafe.
Although apartment buildings similar to the one above are going up all around San Antonio, they remain out of reach for Gen Z.
While that may seem like a shockingly high number, it makes more sense when it's broken down in increments — which is to say the average Gen Z Alamo City resident will spend $1,340.34 monthly on rent between the ages of 22-29. RentCafe's data was calculated based on an eight-year period for each generation to determine the average amount of money each spent on average for rent across major U.S. cities.Rent in San Antonio was lower than the U.S. average, so nationwide, Gen Zers can expect to spend $145,000 rent by the time they reach 30. The cost of rent in the Alamo City was also less than in Austin, Dallas and Houston, according to RentCafe.
San Antonio Average Rent Average Gen Z Income Texas San Antonio Real Estate News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Woman inspects church to find man inside closet with gun, unknown suspect fleesSAN ANTONIO -According to San Antonio Police Department,
Read more »
Real Estate News | San Antonio Express-NewsSan Antonio and Hill Country real estate news, from the San Antonio Express-News.
Read more »
Millennials and Gen Zers Prefer Social Media for InformationA significant number of millennials and Gen Zers are turning to social media platforms for information instead of relying on Google search. This shift is posing a challenge for Google, which heavily relies on ad revenue tied to search results. According to data from YPulse, 46% of individuals aged 18-24 start their information quests by searching on Google. However, social media platforms have transformed from being solely for connecting with friends and family to becoming an information superhighway. Users find social media more authentic and prefer it for obtaining answers, especially as Google and other search engines increasingly promote sponsored results. Additionally, Gen Zers, who are true digital natives, have grown up in the social media era and have no memory of Google's early days.
Read more »
Survey Reveals Gen Z's Happiness Levels and FactorsA recent survey conducted on over 2,000 Gen Zers reveals their happiness levels and the factors that influence their happiness. While 73% of Gen Zers consider themselves happy, there are significant differences in happiness levels among different age groups. The survey also highlights the importance of having a sense of purpose at work or school for Gen Zers' happiness, although a significant percentage of them do not find their daily activities interesting, important, or motivating.
Read more »
San Diego-based Barrio Dogg now serving 'Chicano comfort food' in San Antonio's SouthtownSan Diego-based Barrio Dogg, a purveyor of 'Chicano comfort food,' is branching out from its Southern California roots into a newly opened spot in Southtown. The business, known for its specialty hot dogs, has taken over the space at 620 S. Presa St. that previously housed vegetarian haven Señor Veggie, according to an Instagram post.
Read more »
Shakespeare gets a San Antonio twist with Midsummer Sueño at San Pedro PlayhouseThe San Pedro Playhouse is taking audiences outside for its newest production, “Midsummer Sueño,” an original San Antonio-themed adaptation of Shakespeare’s “A Midsummer Night’s Dream.”
Read more »