Please ensure Javascript is enabled for purposes of website accessibility
Fresnans Among Nation's Most Rent Burdened: Study
gvw_edward_smith
By Edward Smith
Published 1 week ago on
September 19, 2024

More than a third of Fresno renters spend at least half of their income on rent. (GV Wire Composite/Paul Marshall)

Share

Only one California city made the list of the top five most rent-burdened cities. The rest all belonged to Florida.

Census data shows 34% of Fresno renters spent more than half of their income on rent in 2023, the fourth-highest rate of cities with more than 200,000 households in the nation, according to news website Axios. Nationally, 25.6% of renters spend more than half their income on housing.

The only cities to beat Fresno? Port St. Lucie, Cape Coral, and Palm Bay, all in Florida. Miami secured the fifth spot behind Fresno.

Fresno’s Housing Starts Couldn’t Keep Up with Rents

Households that spend more than half of their money on income are considered severely rent burdened.

Households are considered rent burdened when they spend more than 30% of income on rent, according to the Census. In Fresno, 46.9% of renters spend at least 35% of income on rent.

Renters only spend on average 25.6% of income on housing across the U.S.

Increasing housing has been a goal of Fresno Mayor Jerry Dyer’s administration. At an August luncheon with Fresno Housing, he said housing security was a “fundamental right,” and that local government’s role in getting homes built is crucial.

In the years since the pandemic, housing creation has been strong, according to city of Fresno data. From 2013 to 2018, the city issued an average of 1,282 housing permits annually, according to reports from the city. Reports from 2019 did not break down the number of rental units.

From 2021 to 2023, that rate increased, averaging 1,877 units yearly. That increase came in large part from apartment construction.

Also in the years following the pandemic, Fresno experienced some the fastest and highest rent increases in the nation.

RELATED TOPICS:

DON'T MISS

Porterville Teacher Found Guilty of Child Molestation

DON'T MISS

Valley Lawmakers Get Newsom’s Signature on Green Energy, School Safety, Farmworker Bills

DON'T MISS

Fresno Fire Dept. Seeks Public’s Help in Arson Investigation

DON'T MISS

Biden Administration Tightens Border Security with Stricter Asylum Rules

DON'T MISS

More Deadly Than Wind, Storm Surge From Hurricane Helene Could Be Devastating

DON'T MISS

Trump Launches a New Business Venture During His Campaign: $100,000 Watches

DON'T MISS

Memphis Man Gets Life Sentence for Killing Rapper Young Dolph

DON'T MISS

Potential TB Exposure Linked to Fresno State, Fresno City College

DON'T MISS

Gov. Newsom Signs Sen. Grove’s Bill Making Penalty for Soliciting Minors a Felony

DON'T MISS

New California Law Gives Tenants More Time to Respond to Eviction Notices

UP NEXT

Potential TB Exposure Linked to Fresno State, Fresno City College

UP NEXT

New California Law Gives Tenants More Time to Respond to Eviction Notices

UP NEXT

Alleged Sexual Assault by Judge Took Place at Fresno Courthouse

UP NEXT

A Rent Control Proposition Is Back on the Ballot. Is Third Time the Charm?

UP NEXT

Boutique Hotel Near Pismo’s? This Restaurateur Wants to Make it Happen

UP NEXT

Merced County Avoids Strike, but Concerns Remain Over Healthcare Changes and Rising Costs

UP NEXT

30-Year Mortgage Rates Hit Two-Year Low, Sparking Increased Refinancing Activity

UP NEXT

Stock Market Today: Wall Street Heads for Another Record as Markets Rally Worldwide

UP NEXT

This Pretty Kitty Is Queen of the Window Sill

UP NEXT

Bulldogs Gear up for No. 23 Rebels, Who Suddenly Don’t Have Their Stud QB

Edward Smith,
Multimedia Journalist
Edward Smith began reporting for GV Wire in May 2023. His reporting career began at Fresno City College, graduating with an associate degree in journalism. After leaving school he spent the next six years with The Business Journal, doing research for the publication as well as covering the restaurant industry. Soon after, he took on real estate and agriculture beats, winning multiple awards at the local, state and national level. You can contact Edward at 559-440-8372 or at Edward.Smith@gvwire.com.

Biden Administration Tightens Border Security with Stricter Asylum Rules

2 hours ago

More Deadly Than Wind, Storm Surge From Hurricane Helene Could Be Devastating

2 hours ago

Trump Launches a New Business Venture During His Campaign: $100,000 Watches

2 hours ago

Memphis Man Gets Life Sentence for Killing Rapper Young Dolph

2 hours ago

Potential TB Exposure Linked to Fresno State, Fresno City College

3 hours ago

Gov. Newsom Signs Sen. Grove’s Bill Making Penalty for Soliciting Minors a Felony

3 hours ago

New California Law Gives Tenants More Time to Respond to Eviction Notices

3 hours ago

Valley PBS Cancels Today’s Board Meeting

3 hours ago

Alleged Sexual Assault by Judge Took Place at Fresno Courthouse

4 hours ago

A Rent Control Proposition Is Back on the Ballot. Is Third Time the Charm?

5 hours ago

Porterville Teacher Found Guilty of Child Molestation

James Van Norton, 45, was convicted Thursday of child molestation charges, according to the Tulare County District Attorney’s Office. ...

1 hour ago

1 hour ago

Porterville Teacher Found Guilty of Child Molestation

1 hour ago

Valley Lawmakers Get Newsom’s Signature on Green Energy, School Safety, Farmworker Bills

2 hours ago

Fresno Fire Dept. Seeks Public’s Help in Arson Investigation

2 hours ago

Biden Administration Tightens Border Security with Stricter Asylum Rules

2 hours ago

More Deadly Than Wind, Storm Surge From Hurricane Helene Could Be Devastating

2 hours ago

Trump Launches a New Business Venture During His Campaign: $100,000 Watches

2 hours ago

Memphis Man Gets Life Sentence for Killing Rapper Young Dolph

3 hours ago

Potential TB Exposure Linked to Fresno State, Fresno City College

Search

Send this to a friend