Here is the summary of the findings:
| City | State | Population | Average rent ($) | Income per capita ($) | Rent to income rate | Occupied housing units | Rent occupancy rate | Geographical mobility* |
| Newark | New Jersey | 304,943 | 1,450 | 28,277 | 61.53% | 94% | 75% | 11.2% |
| Jersey City | New Jersey | 291,663 | 3,090 | 58,216 | 63.69% | 94% | 72% | 12.3% |
| Miami | Florida | 460,289 | 2,600 | 49,105 | 63.54% | 86% | 67% | 18% |
| New York City | New York | 8,097,282 | 4,300 | 50,764 | 101.65% | 92% | 67% | 9.7% |
| Los Angeles | California | 3,795,936 | 2,795 | 46,699 | 71.82% | 93% | 65% | 10.6% |
| Boston | Massachusetts | 646,622 | 2,990 | 61,919 | 57.95% | 92% | 64% | 19.4% |
| San Francisco | California | 788,478 | 2,970 | 88,336 | 40.35% | 89% | 63% | 15.6% |
| Cincinnati | Ohio | 311,112 | 1,400 | 40,759 | 41.22% | 91% | 62% | 18.9% |
| Orlando | Florida | 320,753 | 1,570 | 43,218 | 43.59% | 93% | 61% | 20.2% |
| Washington | District of Columbia | 681,683 | 2,330 | 78,479 | 35.63% | 91% | 61% | 21% |
The U.S. city with the most renters is Newark, New Jersey, with 75% of the population living in rented housing. With an average rent of $1,450the city offers affordable options compared to neighboring Jersey City and NYC. Despite the challenges posed by a relatively low income per capita, the city continues to attract renters seeking affordable living in a metropolitan area.
Jersey CityNew Jersey, comes second among the U.S. cities with most renters, recording 72% rent occupancy rate. While rent here is over 2 times higher than in Newarkresidents also enjoy a higher per capita income. The city remains an attractive choice for renters looking to be close to New York without the challenging price tag.
MiamiFlorida, ranks thirdwith 67% of the population renting their homes. The average rent is $2,600, which is relatively affordable compared to other large cities, but the rent-to-income ratio shows that Miami renters are still paying a considerable portion of their income for housing. Miami’s housing market shows instability compared to Newark or Jersey City, with 18% of people moving in the last year.
New York CityNew York ranks fourth having 67% rent occupancy rate, same as Miami. Despite high rent costs averaging $4,300 per month, which consumes over 102% of the per capita incomethe city remains a desired spot for renters. 92% of the houses are already occupied, showing high demand and a competitive rental market.
Los Angeles, Californiacomes in fifth in the ranking of the U.S. cities with the most renters, with 65% of the population living in the rented houses. Renters in LA face an average monthly rent of $2,795which is slightly more affordable than New York or Jersey City. The city’s high rent-to-income ratio highlights the ongoing challenge renters face, but its desirable location keeps demand for rental properties, with 93% of its housing units occupied.
Boston, Massachusettsis sixth with 64% of its residents renting their homes. The average rent in Boston is $2,990, which is managed by the city’s higher average yearly income of $61,919. Boston’s strong economy and educational opportunities keep the demand for housing high, with 92% of housing units occupied.
San Francisco, Californiaholds the seventh spot with a rent occupancy rate of 63%. The rent-to-income ratio in San Francisco remains relatively low at 40.35%, indicating that despite an average rent cost of $2,970many residents can still manage the costs. With 89% of housing units occupied, San Francisco balances high demand with available housing.
Cincinnati, Ohiofollows closely with eighth place and 62% of people renting their homes. With an average rent of just $1,400, Cincinnati offers the lowest rent in the top-10. This, coupled with a per capita income of $40,759, makes the city an attractive option for renters looking to balance affordability with quality of life.
Orlando, Floridafollows in ninth position with a 61% rent occupancy rate. Orlando offers relatively affordable rent at an average of $1,570. The city’s per capita income of $43,218 contributes to a 43.59% rent-to-income ratio, making it a competitive choice for renters. Additionally, with 93% of housing units occupied, Orlando continues to draw people seeking an affordable rental market in Florida.
Washington, D.C.rounds out the list of US cities with the most renters with 61% rent occupancy. The city offers rent of $2,330 on average, higher than in Orlando or Cincinnati. Despite high rent costs, Washington D.C. has a significantly higher per capita income of $78,479. The rent-to-income ratio of 35.63% is one of the lowest among the cities surveyed, showing that D.C.’s high-income levels help mitigate the costs of renting in the capital city.
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