Posted inNews

Rent is eating up a greater share of tenants’ income in almost every state

By The Kentucky Lantern’s Tim Henderson There were 21 states where a majority of tenant households spent 30% or more of their incomes on rent and utilities last year, compared with just seven states in 2019. Nationwide, about 22 million renters are shouldering that percentage. Anyone paying more than 30% is considered “cost burdened,” according to the […]

Sign up for newsletters

Get the best of LINK nky directly in your email inbox.

Sending to:

Gift this article