A new analysis of data in NLIHC’s Out of Reach from the Poverty & Race Research Action Council (PRRAC) shows that a total of 22.5 million families in the United States do not make enough annually to afford the national fair market rent (FMR) of $977. These households earn less than the $39,080 annually, as estimated in Out of Reach, needed to afford an average two-bedroom apartment. The PRRAC analysis uses 2007-2011 American Community Survey (ACS) data to analyze rental affordability by race. Overall, a higher percentage of Hispanic and black households do not earn sufficient income to afford the FMR. The PRRAC research shows that a disproportionate number of Hispanic (46%) and black households (48%) do not earn enough to afford fair market rents. In comparison, just 23% of non-Hispanic white households and 23% of Asian households nationwide earn less than income necessary to afford fair market rents nationwide. With larger numbers of black and Hispanic households earning incomes below $39,080, minority households are also more likely to face a housing cost burden, paying more than 30% of their income towards rent. Overall, PRRAC concludes that minority households remain most vulnerable to housing affordability challenges. PRRAC’s analysis of data from Out of Reach 2013 is available at http://bit.ly/Z7GAbG.