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ReportRent

The Rent Is Too Damn High: A State-by-State Breakdown

How housing costs outpaced wages in all 50 states over the last decade.

Download the Report48 pages · PDF
Report

The Rent Is Too Damn High.

48 pages · PDF

The topline

50

States where rent outpaced wages over the decade

+$400

Typical rent increase over just two years

1 in 2

Renters now cost-burdened, paying 30%+ of income

How housing costs outpaced wages in all 50 states over the last decade. This report pulls together what families across the country are actually paying — and lays out where the system is failing them.

The squeeze on rent isn’t an accident or a force of nature. It’s the product of specific choices about how our economy works and who it works for. Understand the choices, and you can change them.

What we found

  • Wage growth trailed rent growth in every single state we analyzed.
  • The squeeze is worst for renters in fast-growing metros and rural towns alike.
  • Underbuilding and investor-owned units concentrated the pressure on families.

My rent went up $400 in two years. My paycheck didn't. Now I'm choosing between rent and everything else.

Maria G., Phoenix AZ

Methodology: figures shown are illustrative sample data for this design mockup. The published report draws on public price indexes, wage data, and first-hand accounts collected from families across all 50 states.