This chart highlights the most affordable ZIP codes for renting across each U.S. state, with a focus on the percentage of local median household income spent on rent. Leawood, Kansas, emerges as the most affordable ZIP code nationwide, with rent constituting only 10.57% of the median local income. This is a stark contrast to Auburn, Maine, where rent takes up 30.05% of the median income, making it the least affordable among the highlighted ZIP codes. The data reveals intriguing regional patterns, such as the relatively high affordability in the Midwest, with states like Iowa and Missouri showing lower percentages. In contrast, states in the Northeast and West, such as Maine and Hawaii, exhibit higher rent-to-income ratios. This disparity underscores the varying economic landscapes and housing markets across the country. The chart serves as a valuable tool for understanding the economic burden of rent in different regions, offering insights into where housing is more accessible relative to local incomes. Such information is crucial for policymakers, real estate investors, and individuals considering relocation, as it highlights areas where housing affordability is a pressing issue versus those where it is more manageable. Overall, the chart provides a comprehensive overview of rental affordability, reflecting broader economic trends and regional differences in the U.S. housing market.
