More Than 1 in 5 Renters Use Their Entire Paycheck to Pay Rent: Survey

About 13 percent of U.S. renters reported withdrawing money from retirement funds to cover rent.
More Than 1 in 5 Renters Use Their Entire Paycheck to Pay Rent: Survey
A home on the market in Denver, Colo., on Feb. 10, 2024. David Zalubowski/AP Photo
Chase Smith
Updated:
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More than one in five U.S. renters—22 percent—use all of their regular income to pay for rent, according to a recent survey commissioned by real estate brokerage firm Redfin.

The survey, conducted in September by Ipsos among 1,802 U.S. residents aged 18 to 65, found that 19 percent of renters reported working a job they disliked to afford rent, while 20 percent said they had taken on a second job to pay for housing.
Chase Smith
Chase Smith
Author
Chase is an award-winning journalist. He covers national news for The Epoch Times and is based out of Tennessee. For news tips, send Chase an email at [email protected] or connect with him on X.
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