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The 10 Cities With the Most People Under 30 Who Have a Mortgage

June 9, 2025

2 min Read

Written by Nicole Spector

Edited by Molly Sullivan

Aerial view of Indianapolis, Indiana, skyline above Indiana World War Memorial and University park.

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Homeownership is still considered a pillar in the American Dream, despite the fact that, since the dawn of the American Dream 100 years ago, homeownership has become drastically more complex and expensive. Buying a home can be a challenging financial feat for even established millennials. For younger generations, such as Gen Z, who are still early on in their earning years and buried in student loan debt, homeownership may not yet be possible. But there are exceptions to this.

A LendingTree study of anonymized credit reports of users on its platform found that 3.1% of Americans under 30 have a mortgage in the 50 largest U.S. cities. These are the 10 major metros with the largest percentage. Sourcing data from Zillow, GOBankingRates found the average home price in each city and, using data from the U.S. Census Bureau, found the median household income.