U.S. gross rent as a share of household income 2023

Published by Statista Research Department, Feb 7, 2025

Approximately 42.5 percent of residents in renter-occupied housing units in the United States paid gross rent which exceeded 35 percent of their income in 2023. In comparison, about 12.3 percent paid less than 15 percent of their gross household income.

Share of gross rent in household income in the United States in 2023

CharacteristicShare of gross rent in household income
Less than 15 percent 12.3%
15 to 19.9 percent 12%
20 to 24.9 percent 12.5%
25 to 29.9 percent 11.6%
30 to 34.9 percent 9.3%
35 percent or more 42.5%
Showing entries 1 to 6 (6 entries in total)
Created with Highcharts 7.2.2Share of gross rent in household income12.3%12.3%12%12%12.5%12.5%11.6%11.6%9.3%9.3%42.5%42.5%Less than 15 percent15 to 19.9 percent20 to 24.9 percent25 to 29.9 percent30 to 34.9 percent35 percent or more
0%10%20%30%40%50%

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Release date

September 2024

Region

United States

Survey time period

2023

Special properties

Renter-occupied housing units

Supplementary notes

The source states that the data is estimated.

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