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Demand Data — Rental Affordability


 

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Median Monthly Price of Rental Housing in US

NOTE: Red Circle The 2020 and 2021 Median Rental Prices (MRP) are partially based on CPS/HVS surveys conducted under COVID restrictions and should be viewed with caution. Normal data collection procedures resumed for Q3 2021. The MRP is also based on annual ACS median rental price for recent movers data. ACS 2020 rental price data are unavailable due to COVID data collection restrictions. Household rents are inflated to 2021 dollars using CPI-U All Items.

Median Annual Income of Renter Households in US

NOTE: Red Circle Household incomes are in inflated to 2021 dollars using CPI-U All Items.

HUD Rental Affordability Index for US

NOTE: Red Circle The 2020 and 2021 Median Rental Prices (MRP) underlying the RAI are partially based on CPS/HVS surveys conducted under COVID-19 restrictions and should be viewed with caution. Normal data collection procedures resumed for Q3 2021. The MRP underlying the RAI is also based on annual ACS median rental price for recent movers data. ACS 2020 rental price data are unavailable due to COVID data collection restrictions.

MRP = Median Rental Price

NOTE: Red Circle The Q2 2020 - Q2 2021 MRPs are partially based on CPS/HVS surveys conducted under COVID-19 restrictions and should be viewed with caution. Normal data collection procedures resumed for Q3 2021. The MRP is also based on annual ACS median rental price for recent movers data; 2020 ACS rental price data are unavailable due to COVID data collection restrictions. The MRP is inflated to current dollars using CPI-U All Items.

MRI = Median Renter Income

NOTE: Red Circle MRI is inflated to current dollars using CPI-U All Items.

RAI = Rental Affordability Index

NOTE: Red Circle The Q2 2020 - Q2 2021 Median Rental Prices (MRP) underlying the RAI are partially based on CPS/HVS surveys conducted under COVID-19 restrictions and should be viewed with caution. Normal data collection procedures resumed for Q3 2021. The MRP underlying the RAI is also based on annual ACS median rental price for recent movers data; 2020 ACS rental price data are unavailable due to COVID data collection restrictions.