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Home / Inside Tract / Study: Low-income renters struggle to afford least-expensive apartments (access required)

Study: Low-income renters struggle to afford least-expensive apartments (access required)

Renters who earn the least cannot afford even the cheapest market-rate rentals in the nation's largest metro areas, according to a Zillow® analysis of multifamily rents and Census income data. The rent affordability crisis is especially tough for the lowest-earning Americans. A common rule of thumb is that people shouldn't spend more than 30 percent of ...

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