Even as rents and home prices shoot up around the city, the real estate database Zillow says New Orleans is one of the top 10 cities where millennials are living alone.
The new report, pulling from U.S. Census data from 2014, says 13.4 percent of New Orleans millennials are living solo.
Other cities in the top 10? Pittsburgh, Buffalo, Columbus (Ohio), Virginia Beach, Cleveland, Austin, Kansas City, and Oklahoma City.
The report mostly talks about renters, but says in some of these cities millennials are "snapping up real estate."
According to the report, these cities "are places where young adults can easily find jobs at a competitive salary, and where housing expenses won’t eat up the majority of their income, enabling them to save more."
This is in contrast to more recent studies, which show New Orleanians spending more than 50 percent of their income on rent and utilities.
But maybe with home prices on the rise, renting solo—even if it’s expensive—might be better than buying. Or having roommates.
• Ms. Independent: Top 10 Cities Where Millennials Are Living Alone [Curbed NOLA]
• New Orleans Ranks Poorly in Another Rent Study [Curbed NOLA]
• New Orleans Home Prices Went Up 14 Percent Last Year [Curbed NOLA]