Average rent in the US has climbed to $1,722. That's more than 30% of the national median income when you account for taxes. As rents outpace wage growth, more American households have become rent ...

Some categories had a larger weight than others; the income-to-rent ratio had the largest weight, for instance. You can hover over each city in the chart below to see the values from RentCafe that ...

Axios Visuals Renters need to earn nearly $70,000 a year to afford the typical monthly rent in Salt Lake City, according to a Zillow analysis. Why it matters: Salt Lake City rent has surged 34% since ...

Axios Visuals You have to earn more than $58,000 per year to afford the typical monthly rent in the San Antonio area, according to a new Zillow report. Why it matters: That's about 19% higher than ...

One can argue that rent-to-income ratio is the most important metric for a landlord to consider when choosing a tenant. Once you know this number, you'll have a baseline answer as to whether an ...

July 22, 2024 /PRNewswire/ -- In a new study by BadCredit.org, researchers set out to find where the age-old financial recommendation to 'spend no more than 30% of your income on rent' is feasible ...

On Wednesday, Summit County Housing Authority will review its area median income chart for rent and for-sale properties tied to income with plans to publish it soon. Burr said the rent rates are ...

A rent is considered affordable if tenants spend no more than 30% of their gross household income. The U.S. Department of Housing and Urban Development defines cost-burdened households as those ...