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Where California metros rank among the least affordable cities for renters

California Post·Kevin Barr·26 days ago
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California renters may want to brace themselves before checking this list. A new WalletHub report ranking the more affordable cities for renters found several metro areas in th Golden State buried near the bottom — with Los Angeles landing among the least affordable rental markets in the entire country. The study compared median annual gross rent against median household income across more than 180 US cities to determine where renters are getting squeezed the hardest. And while a handful of California cities managed respectable showings , much of the state clustered in the lower half of the rankings —  a brutal sign of how much rent is eating into residents’ paychecks. Los Angeles ranked No. 170 overall out of 182 cities , with renters spending roughly 28.3% of their median household income on rent, according to the report. Modesto also ranked poorly at No. 132 overall, with renters spending roughly 25.4% of median household income on annual rent.…

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