Affordability gap for renters

The State of Housing report calculates an "affordable price" for renters based on household income and other factors. The gap reflects the difference when compared to the median sales price for that year.

Chart: Kinder Institute for Urban Research Source: American Community Survey (ACS) 1-Year Estimates, 2018 and 2019; Freddie Mac’s mortgage rates, 2018 and 2019; and Houston Association of Realtors and Texas A&M Real Estate Center’s median sales price of houses sold in 2018 and 2019