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"Rent has never been less affordable — for tenants with high and low incomes alike — even while costs for new leases are finally cooling off.

Half of American renters spend more than 30 percent of their income on housing costs with the financial strain rising the fastest for middle-class tenants."

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title:

"Rent has never been less affordable, especially for the middle class"

description:

"The number of “cost-burdened” renters hit a record 22.4 million in 2022 — up 2 million households from just three years before, according to a new study."

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createdAt:

"2024-01-25T19:45:17.144Z"