Sentences with phrase «than the median rent»

Some renters can still find individual apartments that charge less than the median rent and so remain relatively affordable.

Based on North Carolina's median home price and 20 percent down payment, the estimated monthly mortgage payment is almost $ 100 cheaper than median rent levels for the state.

Monthly 30 - year mortgage payments based on the median price would also be significantly cheaper than the median rent in the state, at $ 1,460 versus $ 2,300, respectively.

Not exact matches

With median rent on a one - bedroom apartment hovering around $ 3,000 and prices in nearby Oakland, California, climbing, area residents routinely put more than half their take - home incomes toward housing.

To a student fresh out of college, San Francisco's median rent rate of $ 3,200 per month (three times higher than the national average!)

The median rent price in Oakland is $ 2,800, which is lower than the San Francisco Metro median of $ 3,200.

In other words, the median asking rent is $ 184 higher today than it would be if rental rates had risen only as fast as inflation over the past two decades.

When median rents are calculated from these biased samples, the resulting estimates will tend to overstate the true price of apartments in a city - across the eight cities that we analyzed, the median rent in zip codes that are overrepresented by listing sites is 40 percent higher than the median in underrepresented zip codes.

The median rent in those four zip codes is $ 1,180, or 15 more than the citywide median of $ 1,030.

Massachusetts, along with New York, Washington state and California, where similar legislation to encourage more workforce housing is also pending, experienced higher than average median rent increases between 2010 and 2015, along with some of the biggest growth in super commutes.

The share of cost - burdened renter households in the US declined significantly last year, as median incomes increased faster than rents.

Most of the increase in rents in Atlanta would be due to an increase in the number of higher - end apartments rented by Amazon workers earning far more than the current area median of $ 36,340.

The median rent price in Palo Alto is $ 5,500, which is higher than the San Jose Metro median of $ 3,500.

As seen in Seattle, an influx of workers with wages higher than the area median can raise rents, especially when there is a shortage of available housing.

Nationwide, the median rent is currently more expensive than the monthly mortgage payments for a median - price home.

Home buyers who purchase a median - priced property in these areas could enjoy much lower housing costs than those who pay rent.

Tenants make less than half the median income of homeowners in the province and the dearth of vacancies — about 1 per cent in the city — means rents continue to climb.

With a median list price of $ 163,840 and median rent of $ 1,162, Columbus has the fourth - highest rental yield and takes less than 12 years to pay off the property.

Despite declining median middle class incomes, for instance, the report shows that housing costs continue to rise in the city, with rents up by more than 6 percent and condos up a whopping 47 percent since 2001.

These regulations state that private rents «must be no more than 20 % above or 30 % below the median rental price for the area».

With a monthly median rent of $ 980 per month, Ulster County fell somewhere in the middle of the top - 25 pack, less than half the price of the big - city contenders and modestly higher than some of the other smaller metros.

This is an exterior view of the Greenway Apartments in Radisson, which rents to people who make less than 80 percent of the area's median income.

Rent is considered affordable when the median rent of a one bedroom apartment is less than 30 percent of a teacher's starting salRent is considered affordable when the median rent of a one bedroom apartment is less than 30 percent of a teacher's starting salrent of a one bedroom apartment is less than 30 percent of a teacher's starting salary.

The results of the 2018 Rental Affordability Report from ATTOM show that buying a median - priced home is more affordable than renting a three - bedroom property in 54 % of U.S. counties analyzed for the report.

The median rent in Fresno is just $ 869 a month, which is around half the statewide average and drastically lower than cities like LA and San Francisco.

The median gross rent is less than $ 750 a month.

With a median gross rent of just $ 990, it's less expensive to live here than in other parts of the state.

First, fair market rent on a three - bedroom property is less affordable than monthly payments on a median - priced home in 354 of the 540 counties studied in the report.

Making Asheville your home wouldn't be a mistake because the estimated median home value in 2012 was lower than expected at about $ 194,000 and the median rent was about $ 800, making the city quite affordable compared to many other cities with far less interesting history and culture.

The median household income in Allentown is $ 36,000, a slight increase from 2000, but that's more than sufficient to live comfortably in a city where homes average just $ 129,000 and rent averages just $ 854 a month.

Home buyers who purchase a median - priced property in these areas could enjoy much lower housing costs than those who pay rent.

The median gross rent is only $ 970 a month, which is far lower than many other parts of California, and indeed lower than the overall statewide average.

With rents hovering in the $ 1,100 a month range, the cost of living is somewhat lower than the median incomes might lead one to expect.

Median gross rent in San Francisco is only $ 1,512 which is far less than the mortgage on $ 800,000, not to mention the other expenses that go with owning a home in California.

Median gross rent is slightly higher than that in neighboring Glendale, at $ 1,447.

The median rent is just $ 634, which is cheaper than most of the state, and incredibly inexpensive for an area with direct access to Chicago.

The median gross rent is $ 936, so it's more expensive than many cities of equal size.

The median gross rent as of 2012 between all types of rental homes was $ 807, which is lower than in many places.

Median gross rent is just $ 995 a month, which is slightly less expensive than other parts of the state.

The report found that «making monthly house payments on a median - priced home — including mortgage, property taxes and insurance — is more affordable than the fair market rent on a three - bedroom property in 354 of the 540 counties analyzed in the report (66 percent).»

According to ATTOM Data Solutions» 2018 Rental Affordability Report, «buying a median - priced home is more affordable than renting a three - bedroom property in 240 of 447 [or 54 % of] U.S. counties analyzed for the report.»

With median home values of $ 267,000 and a median rent of about $ 1,550, a little research shows you that it's about the same price to buy real estate here as in many other cities in New Jersey, but renting is often far less expensive than buying.

Based on the state's median listing price and 20 percent down payment, monthly mortgage payments are less than median monthly rent, which is $ 1,590 according to Zillow.

That amount per month is also cheaper than Zillow's estimated median rent of $ 955.

Targeting only households making less than 80 % of area median income and implementing rent controls, this project will be home for two moderately low income families that want to live and work in Waldo, but otherwise could not afford to.

In the 13 year period to 2006 land prices shot up by 330 %, so that now mortgages are 40 % higher than the national median and rents 31 % higher, though incomes are only 12 % greater.

In 14 large US metros, rent takes up more than 30 % of the median income, widely considered the standard for unaffordable housing costs.

With a median gross rent of just $ 990, it's less expensive to live here than in other parts of the state.

With rents hovering in the $ 1,100 a month range, the cost of living is somewhat lower than the median incomes might lead one to expect.

Median income for a family is about $ 40,000 annually, which is sufficient when the median rent is less than $ 1,000 moMedian income for a family is about $ 40,000 annually, which is sufficient when the median rent is less than $ 1,000 momedian rent is less than $ 1,000 monthly.