14. Miami-Fort Lauderdale-West Palm Beach, FL
- Cost-burdened middle-class households: 39.5%
- Median home value: $268,000
- Median household income: $54,284
- Homeownership rate: 59.5%
Nearly four in every 10 middle-class households in the Miami metro area spend at least 30% of their income on housing. Renters in the city are more likely to struggle to afford housing than in any other metro areas in the country.
Miami’s rental market is 30% more expensive than average nationwide, and partially as a result, 61.1% of renters are housing-cost burdened, the largest share of any major U.S. metro area. Miami is also one of only four metro areas nationwide where more than one in every three homeowners are burdened with relatively high housing costs.
2 thoughts on “18 U.S. Cities Where the Middle Class Can No Longer Afford Housing”
How about Coeur d’alene Id …No houses mobile home under $150,000 unless they are junk and in an outlying city This place sucks!!!
looks to me like most if not all are where the dims are in control.