Cost is a big consideration for renters in choosing a location. However, a recent report from Rentcafe indicates today’s renters are seeking more than just an affordable rental location. In fact, renters are seeking the appropriate balance between income and expenses.

For starters, the analysis examined components such as median income, average rent, and average prices for necessities such as utilities, food, healthcare, transportation, and goods in services, in 189 cities nationwide. Next, income-to-rent ratio was calculated for each city. Then, the disposable income left after paying rent was determined to see how well necessities could be covered each month.

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