New York, NY (Top40 Charts) Cleveland is the most affordable city for music lovers, according to a report by Redfin (www.redfin.com), the next-generation real estate brokerage. With the help of online ticket marketplace StubHub, Redfin examined several factors that make it easy and affordable to enjoy live music, including concert ticket prices and frequency, median home prices and Walk Score, in more than 40 metro areas across the U.S.
"Cleveland is one of the most affordable housing markets in the United States, yet the city is often underestimated when it comes to lifestyle," said local Redfin agent Joe Rath. "Sure, we've had a drought of championship sports teams, but we have an amazing music scene, sprawling metroparks and world-class museums that make Cleveland a destination for culture seekers on a budget."
Other historical music cities such as Detroit, St. Louis and Philadelphia made the top 10. Perhaps most surprisingly, San Francisco made a top 10 list with the word 'affordable' in it, powered by the area's frequency of events and high Walk Score. Stalwarts like Nashville,
Chicago and Austin didn't make the list due to their high ticket prices, higher median home prices and lower frequency of events relative to other cities.
The top 10 most affordable cities for music lovers are:
1. Cleveland, OH
2. St. Louis, MO
3. Pittsburgh, PA
4. Cincinnati, OH
5. Richmond, VA
6. Washington, D.C.
7. Detroit, MI
8. San Francisco, CA
9. Memphis, TN
10. Philadelphia, PA
The full report complete with data, real estate agent quotes, images and a detailed methodology can be found here: https://www.redfin.com/blog/2016/03/most-affordable-cities-for-music-lovers.html
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Redfin (www.redfin.com) is the next-generation real estate brokerage, combining its own full-service agents with modern technology to redefine real estate in the customer's favor. Founded by software engineers, Redfin has the country's #1 brokerage website and offers a host of online tools to consumers, including the industry's most accurate home-value estimate, the Redfin Estimate. Homebuyers and sellers enjoy a full-service, technology-powered experience from Redfin real estate agents, while saving thousands in commission. Redfin serves more than 80 major metro areas across the U.S. The company has closed more than $31 billion in home sales, and saved customers more than $335 million in fees, and counting.
