cost-burdened Archives - Marketplace

The average U.S. renter now spends 30% of their income on rent, a new all-time high

by Amy Scott

Jan 20, 2023

When people have to spend more and more on rent, there's not much left over for other essentials.

Though there are large geographic differences, the average renter household in the U.S. is spending 30% of their income on rent.

Joe Raedle/Getty Images

LISTEN

EMBED

SUBSCRIBE