July 22, 2025

The American rental market has reached a critical tipping point. Once considered the more affordable alternative to homeownership, renting is now straining household budgets nationwide. With home prices at historic highs and mortgage rates remaining stubbornly above 6%, millions of Americans are turning to renting. Unfortunately, this shift is placing unprecedented pressure on rental prices. […]

The conversation about housing affordability continues to dominate headlines—and for good reason. For millions of Americans, rent is the single largest monthly expense, often dictating how much remains for savings, healthcare, groceries, and other essentials. According to a recent Yahoo Finance report, U.S. renters spent an average of 23.4% of their income on rent in