13 major U.S. cities where owning a home requires twice the income needed to rent

cnbc.com/2025/05/04/us-cities-where-owning-a-home-requires-double-the-income-of-renting.html

In some U.S. cities, it now takes more than twice the income to afford a median-priced home than to afford a median-priced apartment — and the gap keeps growing.
Nationwide, a recent Redfin analysis finds that U.S. homebuyers must earn $116,633 to afford such a home — 82% more than the…

This story appeared on cnbc.com, 2025-05-04 13:00:01.
The Entire Business World on a Single Page. Free to Use →