NWS News: Realtor.com® August Rental Report: Americans Spend 26% of their Incomes on Rents - 22nd Sep 2022, 8:00pm

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In August, the U.S. median rental price ($1,771) accounted for a higher share of a typical household's budget compared to one year ago (26.4% vs. 25.7%)

SANTA CLARA, Calif., Sept. 22, 2022 /PRNewswire/ -- August data shows renters are feeling the strain of higher costs, as Americans spent more than one-quarter (26.4%) of their monthly budgets on rents in August, on average, according to the Realtor.com®Monthly Rental Report released today. Among the 50 largest U.S. metros, coastal areas topp...

>>> Read more: Realtor.com® August Rental Report: Americans Spend 26% of their Incomes on Rents
 
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