Julia Novakovich is a housing researcher and writer at Market Apartments. She analyzes affordability trends, income-to-price forecasts, and regional migration patterns to uncover data-backed stories about how and where Americans live. Her work helps renters, buyers, and local media understand upcoming housing trends.
September 16, 2025 4:28 pm
Published by Julia Novakovich
In 2024, nearly half of all American renter households were considered cost-burdened, spending over 30% of their income on housing. The figure signals structural weakness in the housing market and points to a decade of major shifts in where Americans can afford to live. Executive summary: key findings and projections for 2030 The report provides a forward-looking analysis of U.S. housing affordability and identifies the metropolitan areas best positioned to maintain affordable homeownership by 2030. Using a proprietary forecasting model based on federal economic and housing data, the analysis projects home prices and incomes to calculate a 2030 affordability ratio... View Article
August 11, 2025 3:35 pm
Published by Julia Novakovich
In 2024, nearly half of all American renter households, more than 21 million, were officially classified as cost-burdened, meaning they spent over 30% of their income on housing. This analysis projects where that burden will be lowest over the next decade and identifies the metropolitan areas expected to offer financial relief in a nation with rising living costs. Key Findings • Most Affordable City for Renters in 2030: Based on the report’s projections, Buffalo, New York, is expected to be the most affordable U.S. metropolitan area for renters by 2030, with a projected rent-to-income ratio of 18.2%. • Geographic Center... View Article