1 in 4 renters pay over 50% of their income on rent.
Ten years ago, 1 in 5 fit this category. Thats a 25% increase in the last decade, in the number of people paying over one-half of their income on rent.
Rental Rates are expected to rise 4% this year (Nationwide).
Average Rates & Annual % Increase
- Orange County $1,449 6%
- San Diego $1,223 4%
- New York $2,591 8%
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