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In February, national rents grew 17.1% year-over-year to a new high of $1,792 per month, representing a higher share of household incomes (29.7%) than in 2021 (24.8%)
SANTA CLARA, Calif., March 23, 2022 /PRNewswire/ -- New rental data shows affordability issues are on the rise, as Americans spent 30% of their monthly budgets on rents in February on average, according to the Realtor.com®Monthly Rental Report released today. February rents accounted for an even higher portion of household inco...
>>> Read more: Realtor.com® February Rental Report: Affordability Issues Rise as National Rents Reach 30% of Americans' Incomes
SANTA CLARA, Calif., March 23, 2022 /PRNewswire/ -- New rental data shows affordability issues are on the rise, as Americans spent 30% of their monthly budgets on rents in February on average, according to the Realtor.com®Monthly Rental Report released today. February rents accounted for an even higher portion of household inco...
>>> Read more: Realtor.com® February Rental Report: Affordability Issues Rise as National Rents Reach 30% of Americans' Incomes
