#rent-burden
#rent-burden

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For 27% of California tenants, rent is more than half their income

My trusty spreadsheet identified this affordability challenge by analyzing 2024 Census Bureau housing data for the 50 states and the District of Columbia. These latest figures detail swings in who's renting, how much they pay, and how many tenant households are financially swamped by rental expenses - that's rent plus utilities exceeding 50% of incomes. Remember, California is the nation's largest rental market with 6.1 million tenant households.

Real estate

fromSFGATE

1 week ago

10 Cities Requiring Minimum-Wage Workers to Work 80+ Hours for Rent: Recap

Minimum-wage workers often must work far beyond standard hours to cover rent, with some needing up to 94 hours weekly to afford housing.

Silicon Valley real estate

fromwww.ocregister.com

4 months ago

Many Californians need six-figure incomes to afford rent

California's rental market requires a six-figure income for comfortable living, impacting tenant stability.

NYC parents

fromGothamist

4 months ago

Mayor Adams' administration proposes rent hike for people with NYC housing vouchers

Low-income tenants in NYC may face increased rent burdens due to proposed changes in housing assistance under Mayor Adams' administration.

NYC real estate

fromwww.nytimes.com

5 months ago

Low-Income Renters Can't Get the Housing Vouchers They Need

Rent burden among Americans has surged, with millions paying over half their income for housing as Section 8 vouchers fail to meet demand.