Households are cost-burdened when they spend more than 30% of their income on housing costs (rent plus utilities). Those spending more than 50% are severely cost-burdened.
Affordable housing shortage
Rent and income data (2024)
Rent & income
Amount ($)
Median household income
Median renter household income
Median monthly rent
Rent as % of renter income
Income needed to afford median rent
Affordable housing stock
Supply, demand & shortage
Units
Supply (current stock)
Demand (total units needed)
Shortage
total shortage
supply/demand ratio
Availability of affordable rental units per 100 households
Builders Patch blog
Read our blog & report summaries on affordable housing & tech
.svg)
.png)
