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88 88 INVESTMENT GOVERNMENT PROPERTY PRESERVATION Journal SMALL, LIVELY CITIES CONSIDERED BEST LOCATIONS TO RENT According to a new report from RentCafe, one Austin suburb—Round Rock—has been named the best city for renters in 2022, as Texas reconfirms the rising appeal as a coveted place to live. Raleigh, North Carolina, came in second place, followed by small cities located mainly in the South and Southeast. is new data comes from a new annual ranking of best cities for renters, based on proprietary data, and a mix of 17 metrics that best define a great renting experience, from the cost of living and the quality of rental housing to the local economy and the quality of life. Data was analyzed for hundreds of cities across the nation and narrowed down to 115 candidates for the best cities to live as a renter in 2022. In addition to cost of living, selection and quality of apartments available in each city was a factor, along with the quality of the neighborhoods where rentals are located, occupancy rates, opportunities for job growth, air quality, etc. Gathered under three main categories: Cost of Living & Housing, Local Economy and Quality of Life, 2022's best cities to live in as a renter are: 1. Round Rock, Texas As a small Texas city just 15 miles north of Downtown Austin, Round Rock earned the title of the nation's best place to rent. An up-and-coming tech center and the "sports capital of Texas," the state where renters have the most access to sports amenities, Round Rock benefits from great year-round weather and a suburban feel—much sought-after in recent years—as well as many parks and great outdoor areas. Round Rock scores high in all the main categories of our index, the mix of which helped the city come in first place. More specifically, Round Rock ranks 13th in cost of living, 10th in terms of local economy and 12th in quality of life. 2. Raleigh, North Carolina e runner-up is Raleigh, North Carolina, a city that ranks high in quality-of-life metrics, such as a high share of apartments located in top neighborhoods, while also boasting a booming job market. e city abounds in highly educated residents—more than half of them hold at least a bachelor's degree. Raleigh also has that increasingly popular urban- suburban vibe, which allows people to enjoy the benefits of the big-city life, as well as the quiet and safety of suburbia. In 2021, Raleigh was one of the top 20 U.S. cities with the most apartment construction, thanks to a five-year high of approximately 4,800 new apartments delivered—a sign of constant development and demand that make this North Carolina city a thriving apartment scene. 3. Conroe, Texas