Limited Options Persist for Low-Income Renters
“Over the last decade the affordability of rental housing has remained at a low level, according to new research from Freddie Mac Multifamily. Fewer than 10% of all rental units are affordable to low-income renter households—those earning 50% or less of median renter income—for every year since 2010, said its new report, “Rental Affordability Reexamined.”