America’s 25 Least Affordable Housing Markets

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Morning at Monterey County, California
Source: Thinkstock

10. Monterey, California
> Ownership as % of monthly wage: 82.0% of $7,826
> Rent as % of monthly wage: 60.8% of $7,826
> Home prices or wages rising faster?: HOME PRICES
> Rents or wages rising faster?: WAGES

Napa County, California
Source: Thinkstock

9. Napa, California
> Ownership as % of monthly wage: 78.6% of $4,325
> Rent as % of monthly wage: 59.7% of $4,325
> Home prices or wages rising faster?: WAGES
> Rents or wages rising faster?: RENTS

San Luis Obispo County, California
Source: Thinkstock

8. San Luis Obispo, California
> Ownership as % of monthly wage: 83.2% of $3,519
> Rent as % of monthly wage: 55.8% of $3,519
> Home prices or wages rising faster?: WAGES
> Rents or wages rising faster?: WAGES

waikiki beach and diamond head in honolulu hawaii
Source: Thinkstock

7. Honolulu, Hawaii
> Ownership as % of monthly wage: 73.4% of $5,607
> Rent as % of monthly wage: 70.7% of $5,607
> Home prices or wages rising faster?: HOME PRICES
> Rents or wages rising faster?: WAGES

Maui County, Hawaii
Source: Thinkstock

6. Maui, Hawaii
> Ownership as % of monthly wage: 81.3% of $4,078
> Rent as % of monthly wage: 70.6% of $4,078
> Home prices or wages rising faster?: HOME PRICES
> Rents or wages rising faster?: RENTS