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Separating Apartment Affordability Facts from Fiction

UNITS MAGAZINE (December 2017) – New residents of market-rate apartments are typically spending about 23 percent of their incomes on rent, according to millions of individual lease transactions recorded in RealPage’s technology systems.

The median rent-to-income ratio for households living in, market-rate properties has held remarkably steady throughout this economic cycle. While rents have climbed sharply in recent years, so have the income standards for residents of this market-rate apartment segment.

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