US Renter Cost Burdens Reach Record High, Enterprise Analysis Shows

• Enterprise Community Investment's analysis of 2024 Census data found record U.S. renter cost burdens, with the national rate nearing 50%.
• More than 22,600,000 renter households spent over 30% of income on housing; about 12,100,000 spent more than half.
• Renters earning 60%-80% of area median income recorded a 5% increase in cost burden rates, the largest increase across income groups.
• Severe cost burdens affected nearly 75% of renters below 30% of area median income, underscoring persistent pressure on the lowest-income households.
• Black renters faced a 57% cost burden rate, compared with 54% for Hispanic/Latino renters, highlighting continued racial disparities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enterprise Community Investment Inc published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.