The average rent was $308 in 1980 and now is $1,837 in 2023 — How much will it be in 2030?

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by TonyLiberty

Median salary in 1980 was 21k. Now it’s 57k.

1980 rent was 5.7% of income, now it’s 38.7% of income.

1980 median home price was 47,200, now it’s 416,100

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A home was 2.25 years of salary. Now it’s 7.3 years of salary.

 

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