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Home › RSS › More Than 1 in 5 Renters Say Their Entire Paycheck Goes to Rent: Redfin Survey

More Than 1 in 5 Renters Say Their Entire Paycheck Goes to Rent: Redfin Survey

November 22, 2024 by |

SEATTLE–(BUSINESS WIRE)–(NASDAQ: RDFN) — Just over one in five (22%) U.S. renters say all of their regular income goes directly to paying their rent, according to a new survey from Redfin (redfin.com), the technology-powered real estate brokerage. Working a second job is also a fairly common way for renters to pay housing costs, with 20% of renters citing that method. Nearly the same share (19%) say they have worked a job they hated to afford rent. One in seven (14%) renters have used a cash

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