America's ten best and worst cities for first-time homebuyers revealed - including the Florida hotspot popular with millennials

As American millennials hole to become first-time location buyers, galore person been left searching for their dream place without a due thought astir liking rates aliases prices. 

Oftentimes, buyers besides hide to check their eligibility for a owe aliases nan champion location for their money - resulting successful heavy dissatisfaction and hopelessness. 

Combined pinch precocious location prices, debased inventory and sadistic bidding wars, Americans person been struggling to find homes that champion fresh their requirements. 

According to 1 National Association of Realtors research, first-time buyers comprised only 32 percent of nan marketplace successful 2023 - a stark driblet from nan humanities norm of 40 percent. 

To thief caller buyers, WalletHub has compared 300 cities of varying sizes crossed 22 cardinal indicators including affordability, existent property taxes and value of life to uncover nan champion cities to unrecorded in. 

Here are nan Top 10 cities crossed America for first-time homebuyers: 

1. Palm Bay, Florida

This Floridian metropolis has nan country's best active location listings per capita and caller building permits per capita rates - meaning that location are a plethora of older and brand-new properties for buyers to take from. 

Palm Bay also has nan fourth-highest location appreciation rate, third-highest millennial home-ownership complaint and a commendable schoolhouse system. 

The metropolis also offers residents a sparse suburban consciousness arsenic galore ain their homes and is surrounded by greenery.

2. Cape Coral, Florida

Home to nan manatees, this southwest metropolis boasts an highly precocious number of progressive location listings and caller building permits per capita and a debased crime rate. 

Cape Coral has nan 16th-lowest convulsive crime complaint and 12th-lowest spot crime complaint crossed each of nan cities progressive successful this study. 

Many of nan properties successful this metropolis have waterfront views and are bathed successful sunshine for about 265 days a year. 

3. Port St. Lucie, Florida

Port St. Lucie classed 3rd successful nan study arsenic it has nan second-lowest spot crime complaint and nan 12th-lowest convulsive crime complaint crossed nan US. 

Located on nan Atlantic seashore of confederate Florida, nan metropolis is covered in orchids, bamboo plants, butterflies and hummingbirds. 

The metropolis besides has complete 60 parks and recreation areas, including nan Saints Golf Course, owned and operated by nan section government. 

4. Tampa, Florida

Running along Florida’s Gulf Coast, Tampa is known arsenic nan state's major business halfway and is classed 1st successful position of value of life, according to nan study. 

Coupled pinch nan city's debased costs of living, affordable lodging and tropical weather, Tampa has agelong been a millennial favourite location particularly for subject families. 

5. Orlando, Florida

Orlando is wide known for being location to much than a twelve taxable parks - peculiarly Disneyworld and Universal Studios. 

The metropolis ranks 14th for value of life connected nan study and is 1 of nan astir visited cities successful Florida.

6. Surprise, Arizona

Located in Maricopa County, Surprise is popularly known to beryllium a very family-friendly place. 

According to nan study, this Arizona metropolis ranks 22nd successful affordability and 4th successful existent property marketplace rate. 

While nan metropolis is overrun with baseball fans of nan Kansas City Royals and nan Texas Rangers for astir 4 week a year, it is different a slow paced cozy suburb. 

7. Lakeland, Florida

Ranking 9th for value of life, Lakeland boasts early-1900s architecture for history enthusiasts and a plethora of lakes. 

The city’s galore lakes see Lake Mirror, pinch its promenade and neoclassical Hollis Garden while Munn Park Historic District is known for its antiques shops and early-1900s architecture.  

Lakeland is simply a celebrated location among young professionals and retirees to unrecorded and residents thin to person mean governmental views.  

8. Boise, Idaho

The superior metropolis of Idaho is popularly known for its scenic upland views and outdoor recreational activities. 

Along pinch this, downtown Boise is regarded arsenic nan taste halfway of nan metropolis and location to galore mini businesses alongside a number of high-rise buildings. 

Boise's metropolis authorities has besides been moving galore affordable lodging programs to promote out-of-state Americans to bargain properties. 

9. Gilbert, Arizona

Gilbert is wide classed arsenic 1 of nan champion places to unrecorded successful Arizona particularly owed to its young population. 

With an unthinkable nationalist schoolhouse strategy and robust occupation market, nan metropolis has go a caller hotspot for those willing successful starting families.

Many prospective buyers moving successful Phoenix thin to lease houses successful this metropolis owed to nan easy commute and quality successful surviving costs. 

10. Henderson, Nevada 

This Nevada metropolis is simply a fan-favorite for those searching to bargain vintage homes loaded pinch location history. 

With its precocious modular of living, Henderson boasts great parks, trails, master-planned communities, first-rate amenities and top-notch nationalist and backstage schools.