Friday, April 4, 2025
HomeBusiness22.4% of DC Tenants Spend Over 50% of Monthly Income on Rent...

22.4% of DC Tenants Spend Over 50% of Monthly Income on Rent [Report]

-


The percentage of D.C. tenant households which are paying at least 30 percent of their monthly income for rent has decreased to 47.1 percent in 2017 from 48.2 percent in 2016, according to a new study by Apartment List, a real estate research and listings site.

The decline in households weighed down by the rent also reflects the slight decline in the share of households paying monthly rent at the national level from 2016-17.

The report says 22.4 percent of D.C.’s tenant households are “severely cost-burdened” as they’ve to spend more than 50 percent of their monthly income on rent.

Among the 100 cities analyzed, Washington was the 33rd with the lowest share of rent-paying households.

Despite this decline, in the last 10 years, the number of households burdened by rent in the district increased by more than 78,000 till 2017, although at the national and local level there was recovery from the Great Recession.

You Might Also Like

Latest Posts

Planning a Wedding? Here’s How to Walk Down the Aisle in DC

If you’re looking to tie the knot in Washington, DC, you may have some unanswered questions. Here's all you need to know so you can enjoy your special day instead of stressing over the paperwork.

Best Nail Salons in Washington DC: Manicure, Nail Art & Pampering

Whether you're looking for a quick manicure or a full set of acrylic nails, Washington DC has a salon that can meet your needs.

Best Theme Parks In and Near Washington DC

Are you craving the thrill of a high-speed coaster? Or perhaps you would prefer to slip and glide down some water slides? Washington DC and its surrounding area have a surprising number of theme parks!