Of America’s 10 largest cities, Houston had the second-most renters spending more than 30% of their income on housing in 2024.
A Kinder Institute analysis revealed that Houston had the second-highest share of “cost-burdened” renters — people who spend more than 30% of their income on housing — among the 10 largest U.S. cities in 2024, John Brannen writes for Urban Edge, the digital publication of Kinder Institute. About 293,000 Houston renters, or 55% of those whose spending rates were calculated, were “cost-burdened.”
Urban Edge reports:
“While the median Houston rent ranked second-lowest among the 10 largest cities — about $1,400 per month — local renters also earned the least. The median household income for Houston renters totaled about $48,100, while renters in several other cities earned $10,000-plus more."
Houston’s affordability challenges come in tandem with elevated housing prices, mortgage rates and property taxes.
Read the full story: Houston rents are lower than New York City’s. That doesn’t make them more affordable.
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