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Minnesota

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progree

(11,550 posts)
Sat Aug 3, 2024, 01:19 AM Aug 2024

The median Minnesota rent is up 8% in the last year [View all]

Minnesotans struggle to find secure housing due to rent spike, new report shows, WCCO News, 8/2/24

. . . A new report from the State of the State Housing ( https://mhponline.org/state-of-the-states-housing-2024/ ) found that median rent jumped by 8% in the last year.

. . . According to the report, half of all renting families pay more than they can afford for housing. It also showed that evictions were up 8% over the previous year. That only adds to this tragic number: Close to 20,000 Minnesotans struggling with homelessness on any given night.

"Across Minnesota we are actually 114,000 units short that are available and affordable to our lowest income community members," Mavity said.

(snip)
https://www.cbsnews.com/minnesota/news/minnesotans-struggle-to-find-secure-housing-due-to-rent-spike-new-report-shows/
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