Top 10 Best States for Renters

• North Dakota
• Lowest rent-to-income ratio (25.1%).
• Median rent: $853/month.
• High vacancy rate (12.2%).

• Median state income: $66,519/year.

• South Dakota

• Affordable rent ($809/month).
• Lowest U.S. unemployment rate.

• Median income: $66,143/year.

• Iowa

• Cost-effective rent ($845/month).
• Landlord regulations limit late fees.

• Median income: $65,600/year.

• Kansas

• Low cost of living.
• Median rent: $912/month.

• Incentives for remote workers.

• Alabama

• Low-cost living with flexible leases.

• Median rent: $852/month.

• Minnesota

• Strong tenant protections.

• Median rent: $1,081/month.

• Indiana

• Affordable rent: $899/month.

• Strong job market.

• Wisconsin

• Lower living costs.

• Median rent: $916/month.

• Missouri

• Affordable living, median rent: $886/month.

• Oklahoma

• Low cost of living but high renters"9 insurance rates.
• Median rent: $862/month.

Top 10 Worst States for Renters

• California
• Median rent: $1,698/month.

• High demand drives up costs.

• Massachusetts

• Second-highest cost of living.

• Median rent: $1,429/month.

• Nevada

• Limited tenant protections.

• Median rent: $1,238/month.

• Hawaii

• Highest rent in the U.S. ($1,755/month).

• New York

• High percentage of rent-burdened residents.

• Median rent: $1,390/month.

• Louisiana

• High renters"9 insurance premiums ($236/year).

• Median rent: $923/month.

• Florida

• Renters spend 34.6% of income on rent.

• Connecticut

• Low vacancy rates.

• High electric bills ($215.61/month).

• Alaska

• Expensive rent and utilities due to remote location.

• Median rent: $1,279/month.

• New Jersey

• High living costs and landlord-friendly laws.
• Median rent: $1,436/month.

Factors Affecting Renters"9 Experience

• Cost of Living: Rent, utilities, and renters"9 insurance.
• Income-to-Rent Ratios: Percent of income spent on rent.
• Tenant Protections: Laws regulating fees and evictions.
• Housing Availability: Vacancy rates and affordable units.

Pro Tip: Research costs and protections in your area before renting to find the best deals!

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