Santa Cruz is ranked as the most expensive metropolitan county for renters in the U.S. A worker would need to earn $77.96 per hour to afford a two-bedroom rental at the fair market rate of $4,054 per month.
California holds 8 out of the top 10 high-cost areas for renters, making it the most expensive state. Prioritizing housing solutions is crucial to address the affordability crisis in the region.
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