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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.