Study finds Augusta to be one of America’s worst cities for renters
When it comes to renting a place to live, it looks as though Augusta leaves something to be desired.
A new study by WalletHub ranked the city 131st out of 150 cities with regard to their rental markets, affordability and quality of life.
Citing a housing affordability analysis done by the Harvard’s Joint Center for Housing studies, WalletHub added that “11.1 million renters today spend more than 50 percent of their income on housing, a group that federal housing agencies describe as ‘severely cost-burdened.’”
WalletHub calculated where renters get the most “bang for their buck,” taking into account 21 different factors that affect affordability and quality of life. Among those factors were home square footage, forecasts of changes in median rent, job market, recreation friendliness and quality of public school systems.
San Bernadino, California ranked just ahead of Augusta at 130th, and Tacoma, Washington ranked just behind Augusta at 132nd.
Scottsdale, Arizona took the top spot as the best market for renters, while Cleveland, Ohio came in last.