Apartment List National Rent Report
Welcome to the January 2017 National Apartment List Rent Report! Nationwide, rents fell for the fourth straight month, though the index is beginning to level off. This seasonality is typical of the renting off-season, and we expect prices to begin rising again in coming months as more renters move in the new year. Read more.
Why spending 30% of your income on rent is no longer possible in most of America
Remember the old saw about not spending more than 30% of your salary on rent?
Good luck with that. In 2017, that metric is achievable in only 14% of major metro areas, according to a report out Thursday from Attom Data Solutions. In fact, the median amount renters spend across the nation is 38.6%. Read more.
