Indianapolis Slides into the Top Spot as the Best City for New Grads to Live This Year

CHICAGO (May 6, 2009) –Thousands of soon-to-be college graduates are planning to relocate this spring. While choosing the best place to settle down can be a daunting decision, the current economic climate has raised the stakes. To provide recent graduates with a reliable resource during a time when they are making “real-world” decisions,, working in conjunction with –CareerBuilder’s college job search site–has announced today its second annual Top 10 Best Cities for Recent College Graduates list.

“Given the current economy, new grads looking to relocate are becoming increasingly concerned with the cost of living as they are faced with more competition for jobs than seen in previous years,” said Tammy Kotula, public relations and promotions manager at “With these very real concerns weighing on the minds of many, two leading online resources for apartments and jobs have come together to paint a realistic landscape of both the job market and cost of living in the most popular cities for young adults after college.”

Both and have done the legwork for young professionals to begin their new lives with confidence as the Top 10 Best Cities for Recent College Graduates list supplies soon-to-be graduates with the knowledge of entry-level job openings, rental prices for one-bedroom apartments and most popular resident populations of young adults.

Top 10 Best Cities for Recent

College Graduates

Average Rent for a One Bedroom Apartment

1. Indianapolis $625
2. Philadelphia $1,034
3. Baltimore $1,130
4. Cincinnati $691
5. Cleveland $686
6. New York $1,548
7. Phoenix $747
8. Denver $877
9. Chicago $1,133
10. San Antonio $696

The Top 10 Best Cities for Recent College Graduates research was based on the ranking of the top U.S. cities with the highest concentration of young adults (age 20 – 24) from the U.S. Census Bureau (2006), inventory of jobs requiring less than one year of experience from (2009) and the average cost of rent for a one bedroom apartment from (2009).

About is a division of CareerBuilder, the global leader in human capital solutions. College students and alumni can quickly target job and internship opportunities for their experience-level from the nation’s top employers. They can also post resumes, get the latest news on companies and industries, sign up for automatic job alerts, view local career fairs and tap into advice on everything from writing resumes to on-the-job success. For more information, visit

About () is a leading national apartment Internet listing subscription service with more than 50,000 unique addresses representing millions of rental units from managed properties and for-rent-by-owner properties. By incorporating the most relevant products to reach renters including personalized searches and highly visual ads featuring live chat, real-time rent, online video walk-through demonstrations, professional photography, a responsive website and iPhone and Android apps, creates easy access to its listings. Providing unmatched exposure to its advertisers through an intuitive name, strategic search engine placements and innovative emerging media, reaches millions of renters nationwide, driving both qualified traffic and highly-engaged renters to leasing offices nationwide. is a subsidiary of CoStar Group, Inc. (, the commercial real estate industry’s leading provider of information, analytics and online marketplaces. CoStar maintains the largest database of commercial properties in North America and the U.K., including over 320,000 U.S. apartment communities and 17 million units. The network of apartment rental websites includes Apartment Home Living (, a leading social media apartment website distinguished by a "live for fun" community experience, proprietary lifestyle matching and local living guides to help renters find their perfect place to live and Rental Homes Plus (, an online destination where house hunters who prefer to rent can choose from a robust inventory of houses, condos, town houses, duplexes and apartments from around the country.