Graduate school brought Dan Smart, 28, to New York almost three years ago. As he was finishing his degree, he wanted to buy property to "put down some roots and be established for a while," Smart said in an interview. High home prices in Manhattan, however, are making that dream a little more difficult, he said.

"I'm making a good salary and I'm doing all these things that I'm supposed to be doing," such as saving for a down payment, he said. "But you're just not able to save enough to get to that number. Housing is so inflated."

Real estate markets that millennials may find most affordable include Detroit, Buffalo, Pittsburgh and Indianapolis. 

First « 1 2 » Next