Everything is more expensive these days, but rent prices are one of the most taxing bills on working-class Americans, and Michiganders feel the sting just as harshly as the rest of the country.
According to Rent Cafe, the average monthly rent in the United States is $1,751 for 902 sq. ft. Based on their data, 11% of rental properties in America charge $1,000 or less per month. Michigan, which does have a lower cost of living than most states, has an average monthly rent of $1,366 for 916 sq. ft.
I joke with my ex-wife about how we struggled to pay rent in 2013 at $325, and now my rent is $1,000 more expensive. It’s bizarre. Still, making average money in Michigan and paying average prices for rent isn’t something the entire state gets to enjoy. One city in particular was found to have some of the nation’s most unaffordable rent prices in the country.
Why This Michigan City Has America’s Least Affordable Rent
Wallet Hub recently published an article ranking the 182 most heavily populated cities nationwide by how affordable rent is. But it doesn’t simply come down to which cities have the lowest rent prices, it’s about cities that have rent prices that residents don’t make enough money to reasonably afford…