U.S. Renter Housing Affordability Mismatch Data, 1991-2005.

For some Metro background that I have been researching, I went back in and dug out renter housing mismatch data from 1991-2005 that I found in the latest HUD Worst Case Housing Report to Congress that I could locate.

Data table and graph HERE show

1. The count of extremely low income renters (<30% MFI) increased during the period, while the count of affordable AND affordable and available units decreased.("Affordable AND Available"= Units with rents that are affordable and occupied by renters in the income category being measured PLUS 100% of vacancies with rents that are affordable to that income category)
   
2. The result was a significant decline in the units affordable and available to renters <30% MFI:
   

• In 1991, 49% of renters <30% MFI renters had units both affordable and available to them,
  
• In 2005 only 35% of renters <30% MFI had units both affordable and available to them. That's a 28% decline in affordable and available units during that period for renters with incomes <30% MFI.
  

Notes: 1. I include a link to the HUD report that I used to do these calculations. 2.Comparisons for other income groups also appear in the table and in some income groupings there are a surplus of affordable and available renter units, I wanted to highlight the lowest income category as that is the income grouping where affordability and availability issues are the greatest. 3. If you discover any errors, or if you disagree with my analysis, if you add a comment below I will see it and will respond.

Originally created and posted on the Oregon Housing Blog.