March Rent Report: 65% of U.S. Cities Fail the Affordability Test
Briefly

Getty Images If you follow the rule of thumb that households should spend no more than 30% of gross income on rent, then most U.S. cities are unaffordable.A monthly NerdWallet rent-to-income ratio analysis of 225 cities in the U.S. finds that, based on the most recent data, 65% of rents on the market are equal to or above the recommended 30% ratio in February.
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