Zillow: Renters Will Need to Earn More to Cover Housing Costs

National Mortgage Professional, Apr. 7, 2017–Phil Hall
Renters will need to raise their incomes by an average of $168 a year to keep up with expected rent increases over the next 12 months, according to a new forecast from Zillow, which added that median rent prices are predicted to be $1,420 at this time next year.