Gen X may be all but forgotten in the cultural conversation, but they’re doing what they always do: trudging through life, head down, with all the economic challenges unique to their age and stage of life, from student loan debt, to caring for aging parents, to finding affordable places to live.
While the American dream suggests that everyone should get the opportunity to own a home , many Gen Xers are still renting because the costs of homeownership may still be out of reach.
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However, renting isn’t the worst outcome. It can save money on things like property taxes, maintenance and other costs of home ownership and allow Gen Xers flexibility as they decide where they want to retire.
To find the cities in the U.S. with the most affordable apartment rent, GOBankingRates analyzed the average rental cost of major U.S. cities and the cost of living in those cities. Details such as cost of living, median income and one- and two-bedroom apartment rents were calculated. One of the states with a number of affordable cities to rent in is Florida.