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The 25 Least Affordable Places to Rent in the U.S.



South Beach in Miami, Florida.

1. Miami-Fort Lauderdale, Florida

Share of household income spent on rent: 38.4%
One-year change in affordability: 1.3%
One-bedroom median rent: $1,750
Two-bedroom median rent: $2,109
One-year change in rent prices: 3.3%

When Will Smith sang “I’m going to Miami,” he wasn’t alone. The city—Florida’s biggest—welcomes millions of international visitors a year, second only to New York City. While some tourists come for its beaches, vibrant nightlife and Cuban food, many arrive to sail as PortMiami is the busiest cruise port in the world.

But the city is more than a fun spot to visit. Known as the “Capital of Latin America,” Miami’s population is more than 70 percent Hispanic or Latino, making it one of the largest majority-minority cities in the U.S. Its large concentrations of international banks and company headquarters make it a major finance and trade player. Miami also hosts the Calle Ocho Festival, the Florida Grand Opera, the Miami International Film Festival, Art Basel, and its own annual fashion week.

NOTES: All data provided by Zillow. Housing affordability, expressed as the percentage of typical income a household would spend on lodging costs, is as of January 2021, the most recent data available. The percentage change in affordability is from January 2020 to January 2021; a negative value indicates a spot has become easier to afford. Median cost for a one-bedroom and two-bedroom rental in each city is as of February 2021; the total price change for the entire rental market in each area is from March 2020 to February 2021. Median one-bedroom and two-bedroom costs for: Bakersfield, California, Fresno, California, and Springfield, Massachusetts, come from Zumper, as Zillow did not have those figures available.



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