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Recently, Enterprise Community Partners and the Harvard Joint Center for Housing Studies (JCHS) released a white paper entitled “Projecting Trends in Severely Cost-Burdened Renters: 2015-2025.” Rent is considered “affordable” if it totals 30 percent or less of one’s income. Renters who spend between 30 percent and 50 percent of their income on rent are considered “moderately” rent-burdened. Renters who spend more than 50 percent of their income on rent are considered “severely” rent-burdened.
