OC Register: Unaffordable Rent Keeps Squeezing More of Us

OC Register: Unaffordable Rent Keeps Squeezing More of Us
June 11, 2016 Joanna Rivas

apt.0421.jah shot 042005 Jebb Harris The Orange County Register_for rent sign in Santa Ana

Housing affordability in Orange County continues to pinch renters, a new report by real estate website Trulia says. The analysis shows a decline in affordability of more than 10 percentage points. Slightly more than half – 53.6 percent – of houses and apartments for rent in the county were considered affordable as of April, down from 64.3 percent in April 2015. Orange County placed No. 2 for its shrinking affordability in the 25 rental markets around the nation that Trulia analyzed.

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