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Miami Named Worst City For Renters In The U.S. For The Second Year In A Row

Miami Herald
A new study by Apartment List claims the Miami metro area is the worst in the U.S. for renters.

If you feel like you’re spending way too much of your paycheck on your monthly rent, you’re not wrong.

For the second year in a row, South Florida has been named the worst metro area in the U.S. for renters. A new study by the website Apartment List shows that 62.7 percent of renter households in Miami-Dade, Broward and Palm Beach in 2017 were cost-burdened — which means they paid more than 30 percent of their income on rent.

That’s only a tiny improvement from 2016, when 62.8 percent of South Florida households were cost-burdened.

Read more at our news partner, the Miami Herald