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25 Places Where the Average Person Cannot Afford Rent

bloodua / iStock.com
bloodua / iStock.com

Americans are spending a greater portion of their monthly paycheck on rent than ever before. According to The State of the Nation’s Housing 2023, published by Harvard’s Joint Center for Housing Studies, a total of 21.6 million households spend more than 30% of pre-tax income on rent. Some households are even paying up to 50% of their income on rent payments.

See: The Average American Spends This Much on Rent — See How You Stack Up
Find: Kevin O’Leary Says a Coming Real Estate Collapse Will Lead to ‘Chaos’ – Here’s What You Need To Know

Nationwide, the median asking rent for a two-to-four-bedroom apartment was $2,300, up by $4.5% year-over-year, according to CoreLogic, and nearly 70% of renter households have a gross family income that’s less than the U.S. median. The percentage of income the average household spends on rent varies from city to city, but some areas are now out of reach for the average earner.

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GOBankingRates analyzed the top 100 U.S. cities by population to find the 25 places where the average person can’t afford rent. The 50/30/20 budgeting rule was used as a guideline, where 50% of income should cover necessities, such as the cost of basic expenditures and rent. The deficit is 50% of the mean income minus the cost of expenditures and rent.

To afford rent, households should have an income that’s double the total cost of expenditures and rent. Here are the results of the GOBankingRates study.

Ron and Patty Thomas / Getty Images/iStockphoto
Ron and Patty Thomas / Getty Images/iStockphoto

25. Long Beach, California

  • Mean income: $95,035

  • Annual expenditures: $26,280.75

  • Annual rent: $26,917.90

  • Total: $53,198.66

  • Deficit: $5,681.16

24. Honolulu, Hawaii

  • Mean income: $105,724

  • Annual expenditures: $30,541.58

  • Annual rent: $28,159.34

  • Total: $58,700.92

  • Deficit: $5,838.92

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halbergman / Getty Images
halbergman / Getty Images

23. Glendale, Arizona

  • Mean income: $78,778

  • Annual expenditures: $23,977.97

  • Annual rent: $21,466.48

  • Total: $45,444.45

  • Deficit: $6,055.45

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22. Jersey City, New Jersey

  • Mean income: $119,725

  • Annual expenditures: $27,758.77

  • Annual rent: $38,189.36

  • Total: $65,948.13

  • Deficit: $6,085.63

Larry Gibson / Getty Images/iStockphoto
Larry Gibson / Getty Images/iStockphoto

21. New Orleans, Louisiana

  • Mean income: $76,715

  • Annual expenditures: $24,803.85

  • Annual rent: $19,873.01

  • Total: $44,676.87

  • Deficit: $6,319.37

Wirestock / Getty Images
Wirestock / Getty Images

20. Fresno, California

  • Mean income: $77,982

  • Annual expenditures: $23,289.02

  • Annual rent: $22,324.72

  • Total: $45,613.74

  • Deficit: $6,622.74

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Jon Mattrisch / Getty Images/iStockphoto
Jon Mattrisch / Getty Images/iStockphoto

19. Milwaukee, Wisconsin

  • Mean income: $61,529

  • Annual expenditures: $22,453.91

  • Annual rent: $15,206.96

  • Total: $37,660.86

  • Deficit: $6,896.36

Davel5957 / Getty Images/iStockphoto
Davel5957 / Getty Images/iStockphoto

18. Riverside, California

  • Mean income: $96,476

  • Annual expenditures: $25,814.60

  • Annual rent: $29,388.73

  • Total: $55,203.33

  • Deficit: $6,965.33

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

17. Toledo, Ohio

  • Mean income: $53,917

  • Annual expenditures: $20,733.76

  • Annual rent: $13,382.91

  • Total: $34,116.67

  • Deficit: $7,158.17

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DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

16. Chula Vista, California

  • Mean income: $112,354

  • Annual expenditures: $24,936.28

  • Annual rent: $38,432.81

  • Total: $63,369.09

  • Deficit: $7,192.09

MattGush / Getty Images
MattGush / Getty Images

15. Stockton, California

  • Mean income: $83,774

  • Annual expenditures: $24,802.10

  • Annual rent: $24,755.19

  • Total: $49,557.28

  • Deficit: $7,670.28

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

14. Tucson, Arizona

  • Mean income: $63,665

  • Annual expenditures: $21,681.54

  • Annual rent: $18,307.32

  • Total: $39,988.86

  • Deficit: $8,156.36

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Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

13. Philadelphia, Pennsylvania

  • Mean income: $77,454

  • Annual expenditures: $26,585.42

  • Annual rent: $20,327.90

  • Total: $46,913.33

  • Deficit: $8,186.33

frankpeters / Getty Images
frankpeters / Getty Images

12. Los Angeles, California

  • Mean income: $106,931

  • Annual expenditures: $26,959.20

  • Annual rent: $34,941.50

  • Total: $61,900.70

  • Deficit: $8,435.20

4kodiak / Getty Images
4kodiak / Getty Images

11. North Las Vegas, Nevada

  • Mean income: $78,202

  • Annual expenditures: $24,933.04

  • Annual rent: $22,909.26

  • Total: $47,842.30

  • Deficit: $8,741.30

Michael Warren / Getty Images
Michael Warren / Getty Images

10. Birmingham, Alabama

  • Mean income: $59,373

  • Annual expenditures: $23,199.73

  • Annual rent: $15,297.62

  • Total: $38,497.35

  • Deficit: $8,810.85

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benedek / Getty Images/iStockphoto
benedek / Getty Images/iStockphoto

9. Buffalo, New York

  • Mean income: $61,174

  • Annual expenditures: $23,764.53

  • Annual rent: $15,635.27

  • Total: $39,399.80

  • Deficit: $8,812.80

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

8. Santa Ana, California

  • Mean income: $94,914

  • Annual expenditures: $23,557

  • Annual rent: $33,607.33

  • Total: $57,165.02

  • Deficit: $9,708.02

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

7. San Bernardino, California

  • Mean income: $70,063

  • Annual expenditures: $23,380.76

  • Annual rent: $23,724.60

  • Total: $47,105.36

  • Deficit: $12,073.86

Ralph Navarro / Getty Images/iStockphoto
Ralph Navarro / Getty Images/iStockphoto

6. Cleveland, Ohio

  • Mean income: $49,942

  • Annual expenditures: $20,786.48

  • Annual rent: $16,333.34

  • Total: $37,119.82

  • Deficit: $12,148.82

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pawel.gaul / Getty Images
pawel.gaul / Getty Images

5. Detroit, Michigan

  • Mean income: $49,515

  • Annual expenditures: $26,340.41

  • Annual rent: $15,684.42

  • Total: $42,024.82

  • Deficit: $17,267.32

cmart7327 / Getty Images/iStockphoto
cmart7327 / Getty Images/iStockphoto

4. New York, New York

  • Mean income: $113,315

  • Annual expenditures: $33,554.24

  • Annual rent: $43,718.37

  • Total: $77,272.61

  • Deficit: $20,615.11

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

3. Newark, New Jersey

  • Mean income: $57,400

  • Annual expenditures: $27,756.96

  • Annual rent: $23,638.96

  • Total: $51,395.92

  • Deficit: $22,695.92

Ultima_Gaina / Getty Images
Ultima_Gaina / Getty Images

2. Miami, Florida

  • Mean income: $79,886

  • Annual expenditures: $26,596.14

  • Annual rent: $37,247.80

  • Total: $63,843.94

  • Deficit: $23,900.94

Boogich / Getty Images
Boogich / Getty Images

1. Hialeah, Florida

  • Mean income: $59,447

  • Annual expenditures: $26,370.31

  • Annual rent: $32,294.05

  • Total: $58,664.36

  • Deficit: $28,940.86

This article originally appeared on GOBankingRates.com: 25 Places Where the Average Person Cannot Afford Rent