Nearly 50% of U.S. renters are cost burdened and spend 30% or more of their income on housing. According to Apartment List research, cost burden has been inching down for the last six years, but improvement has been incremental. In 2016, the percentage of cost-burdened renters was 49.7%. In 2017, that number fell just two tenths of percent to 49.5%, the lowest since 2007.
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Compass Realty & Management
8880 W Sunset Rd, Ste 290
Las Vegas, NV 89148