America’s Rental Housing Report—One Year Later
Pro Builder
MARCH 9, 2023
The number of cost-burdened renters who pay more than 30 percent of their incomes on rent hit a 20-year high of 21.6 million households who were paying more than 50 percent of their incomes on housing. Cost burden rates also ticked up more than 2 percentage points to 49 percent, only slightly below the all-time peak set in 2011.
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