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Santa Cruz County Tops List for Highest Rent in the US

1 min read
Source: KSBW Monterey
Santa Cruz County Tops List for Highest Rent in the US
Photo: KSBW Monterey
TL;DR

Santa Cruz County is now the most expensive place to rent in the country, with Monterey County sitting not far behind, according to a new report by the National Low Income Housing Coalition (NLIHC). To afford the average two-bedroom apartment in Santa Cruz County, a person would have to make $63.33 an hour. Last year that number was $60.35 when Santa Cruz County ranked as the second most expensive place to live. NLIHC bases the number on the federal standard that no more than 30% of a household's gross income should be spent on rent and utilities.

Topics:businessreal-estate#housing-cost-burdened#monterey-county#national-low-income-housing-coalition#real-estate#rent#santa-cruz-county
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  1. Santa Cruz County most expensive place to rent, Monterey not far behind  KSBW Monterey
  2. This California county is most expensive in U.S. for renters, and it’s not SF  KRON4
  3. Santa Cruz Is The Least Affordable U.S. Rental Metro; With SF at #2, All Of The Top 5 Are In NorCal  Hoodline
  4. Report: California's Santa Cruz County now has highest rent in the US  San Francisco Chronicle

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