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Nationally, renters are paying 30% of their income on housing. In many places, they're paying more.

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Nationally, renters are paying 30% of their income on housing. In many places, they're paying more.

Across the U.S., the typical household devoted 29.7% of its income to lease a typical rental home last month. That’s up from 24.8% in February 2021, showing how much rents have risen in a year’s time.