Rentjungle.com has compiled a list of best cities for starting over after foreclosure. The survey measured such indicators as average rents and home values, median incomes and unemployment rates. Topping the list of the best places to get back on your feet are Indianapolis, Pittsburgh and Oklahoma City. All three boast high income ranks (24th, 33rd and 40th respectively)
"It's a scary time, but it's not scary everywhere. We wanted to show people the bright spots like Indianapolis, which has the best combination of low rents and housing prices, high incomes, and low unemployment,"
In order to scour the million-plus rental ads on the Internet, Rentjungle.com employs innovate spidering technology that can detect both when new rentals come on the market and when rents for a particular property change. All of this data is analyzed and stored in order to keep users abreast of the latest happenings in the rental market. Trends can be tracked by city and by neighborhood, furthering the site's value to users. A rent calculator (http://www.rentjungle.com/
"We offer everything renters need: articles, research, mapping tools. People are busy. We make renting easy for them through relevant data presented in an easily accessible way," says Rick Ferris.
Rentjungle.com, launched May, 2009, is the most comprehensive rental listing site on the web. It works much like other search engines in that it scours the Internet to amass apartments for rent (http://www.rentjungle.com)
A data table showing the average rents, salaries, unemployment rates and other data used in determining the rankings is available here: http://ww1.prweb.com/
For media inquiries and interviews, please contact Jon Pastor at 877-300-2505
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