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  2. Rent-to-Income Ratio Hits Two-Decade High - AOL

    www.aol.com/rent-income-ratio-hits-two-162404295...

    The Southwest and Midwest have the lowest current rent-to-income ratios at 19% and 20.1%, respectively, according to Moody’s Analytics. The South Atlantic (24.8%) and West (24.9%) are running ...

  3. These metros have the highest rent-to-income ratios - AOL

    www.aol.com/metros-highest-rent-income-ratios...

    Metros that experienced the fastest rent growth from 2020 to 2021 also saw the biggest declines in affordability during those two years, with rent-to-income ratios growing by 3.9 percent.

  4. These are the 9 most rent-burdened cities in the U.S. where ...

    www.aol.com/finance/9-most-rent-burdened-cities...

    The rent-to-income ratio peaked in the second quarter of 2022 at 28.8%, which means that renters spent that percentage of their income on housing each month. The general rule of thumb is that ...

  5. Housing affordability index - Wikipedia

    en.wikipedia.org/wiki/Housing_Affordability_Index

    A value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home. An index above 100 signifies that family earning the median income has more than enough income to qualify for a mortgage loan on a median-priced home, assuming a 20% down payment and a qualifying ratio of 25%.

  6. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    Determining housing affordability is complex and the commonly used housing-expenditure-to-income-ratio tool has been challenged. In the United States [21] and Canada, [22] a commonly accepted guideline for housing affordability is a housing cost, including utilities, that does not exceed 30% of a household's gross income. [23]

  7. Real estate benchmarking - Wikipedia

    en.wikipedia.org/wiki/Real_estate_benchmarking

    Debt coverage ratio: Finds out whether the property generates enough money to cover the debt. Cash break even ratio: Estimates how vulnerable a property is to defaulting on its debt should rental income decline. Loan-to-value ratio: Calculates the ratio between the loan balance and the market value of a property expressed as a percentage.

  8. Tacoma ranked one of the worst U.S. cities for renters ... - AOL

    www.aol.com/tacoma-ranked-one-worst-u-175721738.html

    The News Tribune previously reported that rent across Tacoma neighborhoods nestles close to the city’s average apartment rent of $1,680, nearly $600 cheaper than the neighboring City of Seattle ...

  9. Debt-to-income ratio - Wikipedia

    en.wikipedia.org/wiki/Debt-to-income_ratio

    The two main kinds of DTI are expressed as a pair using the notation / (for example, 28/36).. The first DTI, known as the front-end ratio, indicates the percentage of income that goes toward housing costs, which for renters is the rent amount and for homeowners is PITI (mortgage principal and interest, mortgage insurance premium [when applicable], hazard insurance premium, property taxes, and ...