Redfin Survey Finds 49% of Americans Struggle to Pay Rent or Mortgage

Reuters
Feb 24
Redfin Survey Finds 49% of Americans Struggle to Pay Rent or Mortgage

A Rocket-powered Redfin survey found that 49% of U.S. residents struggle to afford their rent or mortgage, up from 44% in a comparable May 2025 survey. Gen Z is hit hardest, with 67% reporting difficulty making housing payments, reflecting persistently high home prices and mortgage rates. The report also notes many households are cutting back on spending or taking extreme measures such as skipping meals to keep up with housing costs, though Redfin expects affordability to improve modestly as rates ease and wage growth outpaces housing costs.

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