If you've been struggling to find a cheap rental, you're not alone: Low-rent apartments are harder to find than ever.
And homes with rent between $600 and $799 fell from almost 9 million to 5.8 million units.
Meanwhile, the number of homes that rent for at least $2,000 per month more than doubled, climbing from about 3.2 million to 7.3 million homes.
This is just more evidence of the housing affordability crisis many cities and towns across the country are facing.
Middle-income renters — those who make between $30,000 and $74,999 annually — saw the most dramatic increase in housing costs between 2019 and 2022.
Persons:
you've, —
Organizations:
Service, Business, Harvard's, for Housing Studies, Harvard
Locations:
California