More SLO County Renters Considered Cost-Burdened
October 10th, 2018
A new report shows that more than half of all renters in San Luis Obispo County are considered cost-burdened by their monthly housing expenses. in 2017 about 52 percent of county renters spent more than 30 percent of their salaries on rent. Median rent for the county was just over 1400-dollars a month last year. Median renter income, adjusted annually for inflation, was $50,603. Statewide more than 55-percent of renters are considered to be cost-burdened.
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