Special Report

America's 25 Least Affordable Housing Markets

Houses near Half Moon Bay, San Mateo County, California
Source: Thinkstock

15. San Mateo, California
> Ownership as % of monthly wage: 77.3% of $4,780
> Rent as % of monthly wage: 52.4% of $4,780
> Home prices or wages rising faster?: HOME PRICES
> Rents or wages rising faster?: RENTS

Colorful Victorian Houses in Cape May County, New Jersey
Source: Thinkstock

14. Cape May, New Jersey
> Ownership as % of monthly wage: 72.9% of $4,056
> Rent as % of monthly wage: 59.3% of $4,056
> Home prices or wages rising faster?: WAGES
> Rents or wages rising faster?: RENTS

Ventura County, California
Source: Thinkstock

13. Ventura, California
> Ownership as % of monthly wage: 74.3% of $4,273
> Rent as % of monthly wage: 63.0% of $4,273
> Home prices or wages rising faster?: HOME PRICES
> Rents or wages rising faster?: RENTS

Historical red round barn at Fountaingrove Santa Rosa, Sonoma County, California
Source: Thinkstock

12. Sonoma, California
> Ownership as % of monthly wage: 77.0% of $2,873
> Rent as % of monthly wage: 60.4% of $2,873
> Home prices or wages rising faster?: HOME PRICES
> Rents or wages rising faster?: RENTS

A view of Shaw's Cove, Laguna Beach in Orange County, California
Source: Thinkstock

11. Orange, California
> Ownership as % of monthly wage: 80.9% of $8,108
> Rent as % of monthly wage: 56.9% of $8,108
> Home prices or wages rising faster?: HOME PRICES
> Rents or wages rising faster?: RENTS