Rents fell for 37 months, yet 1 in 5 working age renters was late in 2025. Deliveries are down 46 percent from the 2024 peak. A $100k household can afford 77 percent of rentals, a $58k earner about a third.
usrealestatejournal.net
The Rent Squeeze Is Climbing the Income Ladder Just as the Supply Cushion Runs Out
Middle-income renters are falling behind even after three years of softer asking rents, and the apartment supply wave that made those rents possible is now fading.