States such as Maine, New Mexico, and Utah have seen the largest percent increases in median gross rent — which includes rent and utility costs — between 2022 and 2023.
The median housing cost for renters increased from $1,354 to $1,406 during this period.
The census data covers increases between 2022 and 2023, and more recent data shows that cost growth has continued this year.
According to national Redfin data, rents increased slightly nationwide in September 2024 compared to the year prior, at 0.9%, and are now $1,645 for all rental sizes.
The ACS reveals some racial inequities among cost-burdened households.
Persons:
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Organizations:
Service, Survey, Business, DC
Locations:
Maine, New Mexico, Utah, Hawaii, Washington, Florida, Mississippi, Alaska, New York, Raleigh, Fort Worth, Charlotte, Milwaukee, Florida , Nebraska, Vermont, Alaska , Delaware, Georgia, Pennsylvania