Nearly half of renting households are cost-burdened; percentages vary by
SEPTEMBER 12, 2024 – In 2023, more than 21 million renter households spent more than 30% of their income on housing costs. These households account for nearly half (49.7%) of the 42.5 million renter households in the United States that are estimated to be excessively rent burdened. Although the median income-to-housing cost ratio for renters has remained unchanged […]Read More