A new Redfin report finds homebuyers must now earn $116,633 to afford a median-priced home—81.8% more than the $64,160 renters need to cover their monthly payment.
According to a new Zillow Home Loan analysis, mortgage payments are now lower than rent in 22 major U.S. metros, offering potential homeowners significant monthly savings.
New Redfin research shows the typical renter earns $11,000 less than the $66,120 minimum required to afford the typical U.S. apartment. And only 39% of U.S. renters earn enough to afford a median-priced apartment.
Realtor.com put together a report with the 10 best rental markets for new college graduates in 2024 based on factors including affordable and available rentals, an abundance of job opportunities, and a thriving social/cultural scene.
According to a new Redfin report, roughly half of all Americans are struggling to afford housing payments, with 1 in 5 making big sacrifices to cover the costs—including skipping meals, working extra hours, and delaying medical care.
A new report from RentCafe shows Gen Z spends more on rent but less as homeowners by age 30, compared to millennials during the same period of life.
A recent article on RentCafe highlights the top 10 U.S. cities where a renter’s income goes the furthest.
A new report by RentCafe highlights the zip codes where renters get the most space for the national average rent of $1,700 a month—as well as zip codes where renters get the least space for that amount.
Today’s average monthly mortgage payment is 52% higher than the typical monthly rent on an apartment, according to data from commercial real estate firm, CBRE.
A new report from Redfin shows the median U.S. asking rent for August at $2,052—$2 less than the record high set one year earlier. Despite near-record rents, landlords in some parts of the U.S. are offering concessions to attract renters as vacancies rise.
According to reports by Redfin and Realtor.com, renters spend 26% of their income on housing costs. But while rents are rising, rent growth has slowed.
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