Fewer than 1 in 20 rental listings across the largest U.S. cities are flagged as reserved for renters under an income limit, according to new data from Apartments.com.
But average income-restricted rent fell year over year in 13 of the 50 markets, compared with three for market-rate rent.
Just 4.6% of listings across the 50 largest metro areas were listed as “income-restricted” in the third quarter of this year, whether through public housing, a housing voucher or as a tax-credit property, the report by the rental listing site said…