South Dakota has the highest percentage of renters behind on payments, at 26%, according to a new study. Pictured, Mount Rushmore National Monument.
Photo by Mike Kline (notkalvin)
Renters across the U.S. are feeling the sting of soaring inflation, rising housing costs and the end of the national eviction ban.
Some 15% of American households, around 6 million, are behind on rent this fall, according to a recent report from MyEListing.com, a commercial real estate website.
South Dakota, Alabama and New Jersey renters are struggling the most with payments, the report found, based on an analysis of U.S. Census Bureau data, and Americans ages 40 to 54 are having the most difficulty.
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Source cnbc.com