Thursday, May 12, 2016

Rental Costs Eat Up 70% of Your Income in These Locations

Source:  National Association of REALTORS®
REALTORMag
Daily Real Estate News | Thursday, May 12, 2016  


Here are 10 popular cities ranked from highest to lowest in terms of the percentage of starting monthly income that goes towards rent:
  1. San Francisco: 79%
  2. New York City: 77%
  3. Los Angeles: 61%
  4. Boston: 56%
  5. Seattle: 51%
  6. Chicago: 47%
  7. Orlando: 44%
  8. Atlanta: 36%
  9. Austin: 36%
  10. Houston: 29%

Read the entire article HERE.

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