Gilbert in top 25 cities for millennial home purchases

By Zoe Eisenberg

We know that millennials aren’t entering the housing market at the rate their parents did. Between student loan debts and rising home prices, some have understandably cold feet—so cold that homeownership rates for those under 35 dropped from 40 percent in 2006 to 32 percent in 2015. Despite this, some millennials are still battling the sky-high rental market by becoming homeowners. The question is, where?

In its second annual study, SmartAsset looked at data on under-35 homeownership rates in the 200 largest U.S. cities to identify where millennials are buying homes.

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