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Apartment Affordability by Percentage of Rent-to-Income

Apartment Affordability by Percentage of Rent-to-Income During 2020, renter households (in professionally managed properties) spent an average of 27% of their income on rent.  The data, from the NAA, also points out that only six states had rent-to-income percentages higher than the oft cited 30% threshold.  Indeed….  Stay safe and have a Happy Friday! Hat

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