The U.S. Lost Thousands of Low-Cost Rental Homes While the Supply of High-Cost Homes Grew | National Low Income Housing Coalition

Bar graphic displaying how The U.S. Lost Thousands of Low-Cost Rental Homes While the Supply of High-Cost Homes Grew

Note: Contract rents exclude utility costs paid separately. Rents are adjusted for inflation using the CPI-U for All Items Less Shelter. Occupied units with no cash rent are excluded.

Source: Joint Center for Housing Studies (JCHS) of Harvard University, 2026. The State of the Nation’s Housing 2026. https://www.jchs.harvard.edu/state-nations-housing-2026