Fact of the Week: Rents Are Unaffordable for Many Renters, Especially Those with Extremely Low Incomes

Rents are Out of Reach for Many Renters

NLIHC’s Out of Reach: The High Cost of Housing 2018. NLIHC calculation of a weighted-average HUD fair market rent. Affordable rent for average renter wage is based on BLS QCEW 2016, adjusted to 2018 dollars. Other rents are based on HUD Income Limits and Social Security Administration, 2018.