Special Report

States With the Highest Rent

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10. Alaska
> Median monthly rental cost: $1,240
> Share of income typically spent on rent: 27.5% (11th lowest — tied)
> Rental occupied housing units: 35.2% (13th highest)
> Median home value: $275,600 (15th highest)

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9. Virginia
> Median monthly rental cost: $1,257
> Share of income typically spent on rent: 28.8% (25th highest — tied)
> Rental occupied housing units: 33.3% (24th lowest)
> Median home value: $282,800 (12th highest)

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8. New York
> Median monthly rental cost: $1,315
> Share of income typically spent on rent: 30.8% (5th highest — tied)
> Rental occupied housing units: 45.9% (the highest)
> Median home value: $325,000 (9th highest)

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7. Colorado
> Median monthly rental cost: $1,335
> Share of income typically spent on rent: 30.6% (7th highest)
> Rental occupied housing units: 33.8% (21st highest)
> Median home value: $369,900 (4th highest)

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6. Massachusetts
> Median monthly rental cost: $1,336
> Share of income typically spent on rent: 29.6% (15th highest — tied)
> Rental occupied housing units: 37.5% (7th highest)
> Median home value: $398,800 (3rd highest)

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