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Stock impact report

The Most Affordable Places to Rent in 2024 Have Something in Common [Yahoo! Finance]

Enova International, Inc. (ENVA) 
Last enova international, inc. earnings: 4/28 04:16 pm Check Earnings Report
US:NYSE Investor Relations: ir.enova.com
Company Research Source: Yahoo! Finance
It's no secret that the cost of housing is out of control. Even though rental prices dropped slightly in 2024, rent prices are still 20% higher than they were in 2019. Meanwhile, nearly half of renters are still cost-burdened , meaning that they spend more than 30% of their income on housing. But while the national picture is bleak, in many cities, and even neighborhoods within those cities, rent is not as unaffordable. But which ZIP codes have the most affordable rents for the people that live there? CashNetUSA , a financial company that offers payday loans, recently published a study showing the 15 most affordable ZIP codes for renters in 2024. The study compares the average annual rent with the local median household income, which is similar to how the Department of Housing of Urban Development (HUD) calculates whether housing is affordable in a given area — by determining if average rent prices are less than 30% of the area median income (AMI). These were the 15 most afford Show less Read more
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