WalletHub - With rent payments taking up as much as 33% of the median income in some
cities, the personal-finance website WalletHub today released its
report on the Cities With the Most Affordable Rent to highlight where people can find the biggest financial reprieve.
To determine the cities where rent is the most affordable, WalletHub
analyzed the median annual gross rent in more than 180 cities, then
compared it to the median household income.
| Lowest % of Income Spent | Highest % of Income Spent |
| 1. Bismarck, ND (15.34%) 2. Sioux Falls, SD (15.95%) 3. Cheyenne, WY (16.09%) 4. Cedar Rapids, IA (16.36%) 5. Fargo, ND (16.65%) 6. Charleston, WV (16.70%) 7. Casper, WY (16.72%) 8. Overland Park, KS (16.81%) 9. Juneau, AK (17.45%) 10. Anchorage, AK (17.76%) |
173. Jackson, MS (28.25%) 174. Oceanside, CA (28.26%) 175. Birmingham, AL (28.31%) 176. Orlando, FL (28.58%) 177. Bridgeport, CT (29.80%) 178. Glendale, CA (29.84%) 179. Detroit, MI (31.35%) 180. New Haven, CT (32.18%) 181. Newark, NJ (32.96%) 182. Miami, FL (33.48%) |
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