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- Experts say 'affordable' rent costs 30% of your monthly income. Here are the US cities where people can actually pay that.
Experts say 'affordable' rent costs 30% of your monthly income. Here are the US cities where people can actually pay that.
20. Albany, New York
19. Lexington, Kentucky
Metro population: 512,650
Median household income: $58,069
Median gross rent: $817
Percentage of residents spending less than 30% of income on rent: 55.3%
18. Charlotte, North Carolina
Metro population: 2,525,305
Median household income: $61,156
Median gross rent: $977
Percentage of residents spending less than 30% of income on rent: 55.5%
17. Columbus, Ohio
Metro population: 2,078,725
Median household income: $63,764
Median gross rent: $916
Percentage of residents spending less than 30% of income on rent: 55.9%
T-15. Salt Lake City, Utah
Metro population: 1,203,105
Median household income: $71,510
Median gross rent: $1,068
Percentage of residents spending less than 30% of income on rent: 56.0%
T-15. Knoxville, Tennessee
Metro population: 877,874
Median household income: $51,848
Median gross rent: $803
Percentage of residents spending less than 30% of income on rent: 56.0%
14. Nashville, Tennessee
Metro population: 1,904,226
Median household income: $63,939
Median gross rent: $1,030
Percentage of residents spending less than 30% of income on rent: 56.2%
13. Pittsburgh, Pennsylvania
Metro population: 2,333,367
Median household income: $58,521
Median gross rent: $794
Percentage of residents spending less than 30% of income on rent: 56.5%
12. Kansas City, Missouri
Metro population: 2,126,945
Median household income: $63,404
Median gross rent: $935
Percentage of residents spending less than 30% of income on rent: 56.8%
11. Harrisburg, Pennsylvania
Metro population: 571,903
Median household income: $65,069
Median gross rent: $916
Percentage of residents spending less than 30% of income on rent: 56.9%
10. Cincinnati, Ohio
Metro population: 2,180,746
Median household income: $61,653
Median gross rent: $790
Percentage of residents spending less than 30% of income on rent: 57.1%
9. Raleigh, North Carolina
Metro population: 1,335,079
Median household income: $72,576
Median gross rent: $1,073
Percentage of residents spending less than 30% of income on rent: 57.4%
8. Toledo, Ohio
Metro population: 603,668
Median household income: $50,389
Median gross rent: $709
Percentage of residents spending less than 30% of income on rent: 57.8%
7. Omaha, Nebraska
Metro population: 934,184
Median household income: $65,619
Median gross rent: $891
Percentage of residents spending less than 30% of income on rent: 57.9%
6. Dayton, Ohio
Metro population: 803,416
Median household income: $52,745
Median gross rent: $764
Percentage of residents spending less than 30% of income on rent: 58.0%
5. Louisville, Kentucky
Metro population: 1,293,722
Median household income: $57,279
Median gross rent: $818
Percentage of residents spending less than 30% of income on rent: 58.1%
4. Scranton, Pennsylvania
Metro population: 555,426
Median household income: $50,891
Median gross rent: $764
Percentage of residents spending less than 30% of income on rent: 58.2%
3. Des Moines, Iowa
Metro population: 645,911
Median household income: $68,649
Median gross rent: $873
Percentage of residents spending less than 30% of income on rent: 58.7%
2. Ogden, Utah
Metro population: 666,547
Median household income: $71,629
Median gross rent: $931
Percentage of residents spending less than 30% of income on rent: 60.6%
1. Fayetteville, Arkansas
Metro population: 535,557
Median household income: $56,038
Median gross rent: $807
Percentage of residents spending less than 30% of income on rent: 64.4%
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