Median rent in the U.S. has increased from approximately $824 in 2008 to over $1,300 in 2025. Rent prices have risen faster than wage growth, leading Americans to spend a greater proportion of their income on housing. On average, individuals now require a full week's worth of work, around 38.3 hours, to afford their monthly rent. State variations exist, with residents in Vermont needing to work the most hours at 60.2, while South Dakota residents require only 27.6 hours to cover their rent, indicating substantial disparities across the country.
In 2008, the median rent was just $824 per month; today it's more than $1,300—and many major metropolitan areas like New York City and Los Angeles dwarf that figure.
On average, Americans need to work 38.3 hours to cover their monthly rent, which works out to the average work week.
Vermont residents need to work 60.2 hours per month to meet the average monthly rental costs, the highest of any state.
People living in South Dakota need just 27.6 hours to cover rent, placing them in the lowest spot.
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