March 15, 2023
Rent Increased on 30% of Older Adults, Survey Finds
According to the Household Pulse Survey by the U.S. Bureau of the Census in February, 30% of household renters over the age of 65 experienced a rent increase of $100 or more over the last 12 months. The Pulse Survey also tells us that about 9% of household renters over the age of 65 are not current on rent payments to their landlords.
LeadingAge uses data points like these to make the case to preserve and expand the nation’s supply of affordable senior housing. Read more on the results from the latest Household Pulse Survey here.