Best cities for Millennial homebuyers

From art museums to movies in the park, Minneapolis offers a range of affordable activities.

Median home price: $188,000
Job growth: 1.5%

This Minnesota metropolis is booming.

Jobs in tech, graphic arts and healthcare are prominent here, and strong job growth make it an attractive place for people just starting out.

Also luring in the young is a revitalized downtown. A lot of the old, empty flour mills along the Mississippi are now condos, said Ron Peltier, CEO of HomeServices of America, a national real estate broker headquartered in town.

"Millennials are looking for that kind of lifestyle," he said. "They're not ready for the house with the yard."

The ones that are ready, however, are finding good deals. The median price of a single family home is $189,000, slightly below the typical U.S. home.

First published June 23, 2015: 11:06 AM ET

Source: National Association of Realtors
Rankings were based on employment data, median home prices, home price growth and affordability, as well as the percentage of Millennials living in the metro area and their share of all age groups moving to the area. Median home prices data is for the first quarter of 2014, while job growth figures are for the 12 months through May 2014.

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