In recent years, the housing market in the United States has seen a concerning trend, especially within the rental sector. Highlighting the struggle, a February article from Fortune illustrates the hardships faced by low-income renters. Caitlyn Colbert, a single mother and social worker in Denver, represents the predicament many Americans are battling with the rising costs of rent. A decade ago, Colbert was able to afford her two-bedroom apartment at a monthly rate of $750, but by last year, her
TOPEKA (KSNT) – The cost of rental units in Topeka has increased every year since 2015. The latest data from the Harvard Joint Center for Housing Studies, released in January, found that a record high 22.4 million renter households, or half of renters nationwide, were spending more than 30% of their income on rent in 2022. […]
EMPORIA (KSNT) – The cost of rental units in Lyon County has been steadily increasing since 2014. Here’s how much. The latest data from the Harvard Joint Center for Housing Studies, released in January, found that a record high 22.4 million renter households, or half of renters nationwide, were spending more than 30% of their income […]
MANHATTAN (KSNT) – The cost of rent in the City of Manhattan has increased in every category over the last three years. Here’s how much. The latest data from the Harvard Joint Center for Housing Studies, released in January, found that a record high 22.4 million renter households, or half of renters nationwide, were spending more […]
Rent across the country has been rising rapidly over the past few years, crunching renters' budgets. Per PBS, a recent Harvard Joint Center for Housing Studies poll found that half of American renters say they pay more than 30% of their income on rent.