Connecticut is the worst U.S. state for renters due to high costs and low availability, per a ConsumerAffairs.com study.
Connecticut ranks as the worst state for renters, according to a new study by ConsumerAffairs.com, due to high rental costs and low availability of units. The state has one of the highest income-to-rent ratios (32%) and an unemployment rate above the national average (4.7%). The typical vacancy rate for rental properties is 3.5%, and the median monthly rent for a two-bedroom apartment is $1,441.
June 13, 2024
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