Renters Burdened By Housing Cost

Renters Burdened By Housing Costs

More Than 19 Million Renters Burdened by Housing Costs Over 40% (19 million) of renter households in the country spent more than 30% of their income on housing costs during the 2017-2021 period Households spending more than 30% on housing costs, including rent or mortgage payments, utilities, and other fees, are considered housing cost burdens according to the Department of Housing and Urban Development At the county level, 239 or 7.6% of the nation’s 3,143 counties had a median housing cost ratio for renters above 30%. More than half of households with income and paying rent faced housing cost burdens in these counties. The hardship caused by the rise in housing costs persisted despite increases in median household income.

Search Today!

CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale

#builders #homebuilders #florida #floridarealestate #fhamortgage #housingmarket #homebuyers #orlandofl #orlandorealtor #orlandorealestate #homesinorlandoforsale #orlandorealestateagent #orangecountyfl #homesales #applihl #homesellers #homesforsale #homesforsaleinorlando #mortgagerates #realestate #realestatenews #newhomes #newhomesales #realestateinvestor #investmentproperties #appli #nexthome #housingmarket #housingmarket2022