Downtown Miami skyline Among metro areas in which more than 50% of renters by generation are cost burdened, Miami-Fort Lauderdale-West Palm Beach ranks first.

MADISON, WI—With 43 million Americans renting rather than owning their homes, it stands to reason that the non-ownership model cuts across generations. As this population grows, it stands to reason that the numbers of cost-burdened renters—those who spend more than 30% of their income on housing—will also increase.