Housing affordability is a huge issue many Americans face, and the situation is particularly dire for extremely low-income families — defined as households with incomes at or below either the federal poverty guideline or 30% of their area median income, whichever is greater. Across the US, there is currently a shortage of 7.3 million rental homes that are affordable and available to renters with extremely low incomes, according to the National Low Income Housing Coalition (NLIHC).
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While each state has a deficit of available housing for extremely low-income families, the situation is particularly distressing in these seven states, as identified by the NLIHC.
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Nevada
- Number of affordable and available rental homes: 14 per 100 extremely low-income renter households
- Extremely low-income renter households: 91,243
- Extremely low-income renter households with severe cost burden: 86%
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Arizona
- Number of affordable and available rental homes: 24 per 100 extremely low-income renter households
- Extremely low-income renter households: 176,191
- Extremely low-income renter households with severe cost burden: 79%
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California
- Number of affordable and available rental homes: 24 per 100 extremely low-income renter households
- Extremely low-income renter households: 1,282,835
- Extremely low-income renter households with severe cost burden: 77%
Texas
- Number of affordable and available rental homes: 25 per 100 extremely low-income renter households
- Extremely low-income renter households: 906,885
- Extremely low-income renter households with severe cost burden: 79%
Alaska
- Number of affordable and available rental homes: 25 per 100 extremely low-income renter households
- Extremely low-income renter households: 19,545
- Extremely low-income renter households with severe cost burden: 64%
Florida
- Number of affordable and available rental homes: 25 per 100 extremely low-income renter households
- Extremely low-income renter households: 583,625
- Extremely low-income renter households with severe cost burden: 82%
Oregon
- Number of affordable and available rental homes: 26 per 100 extremely low-income renter households
- Extremely low-income renter households: 138,104
- Extremely low-income renter households with severe cost burden: 78%
Editor’s note: Data is sourced from the National Low Income Housing Coalition and is accurate as of 2022.
This article originally appeared on GOBankingRates.com: 7 States Where It’s Almost Impossible for Low-Income Families To Afford Housing
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