2026 E-Insights Report

Percentage of Renters Spending 30% or More of Income on Housing

  • Tampa Bay’s renter cost burden has risen noticeably over the decade, moving from about 49% in 2013 to nearly 57% in 2024. The increase is especially sharp after 2020, reflecting rapid rent growth outpacing household incomes.
  • Miami, Orlando, Tampa Bay, and San Diego show the highest levels of renter cost burden, with Miami topping the list at 62% in 2024. These metros increasingly face severe affordability pressures driven by fast population growth, tight rental markets, and escalating housing demand.
  • St. Louis, Minneapolis, Charlotte, and Austin consistently remain on the lower end of the renter burden spectrum, with St. Louis recording the lowest share at about 43% in 2024. These regions typically maintain comparatively slower rent inflation and more balanced rental supply.
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Trend Over Time

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Competitive Position Trend

Competitive Position Trend Line Graph

About: This indicator measures the percentage of renter households in each metropolitan area whose gross rent equals or exceeds 30 percent of their household income. Higher shares of cost-burdened renters can indicate tightening rental markets, rapid rent growth relative to income, limited affordable housing supply, and broader economic stress within a region. Sources: U.S. Census Bureau, American Community Survey (ACS) 1-Year Estimates, Table B25070: Gross Rent as a Percentage of Household Income in the Past 12 Months, 2013–2024.