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National Rental Housing Landscape
Key Findings 123456

Affordable Rental Units

Fewer recently available rental units were affordable to households at all income levels in 2015 than in the previous decade, and low-income households have the least affordable options.

Across the 53 metros, households earning the median income of $61,000 in 2015 could afford 75 percent of the recently available rental units, down from 82 percent in 2006. The share of units affordable to a household earning the metro median income fell in over two thirds of the metros between 2006 and 2015. Low-income households had far fewer options: households making half of the median income across all metros ($30,500 in 2015) could only afford 17 percent of recently available units in 2015, down from 21.5 percent in 2006.

Share of Recently Available Rentals Affordable to Households at Different Income Levels by Metro