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Investing / Real Estate

6 States With the Most Affordable Housing for Low-Income Families

2 min Read
Gabrielle Olya Written by Gabrielle Olya
Sean Fisher Edited by Sean Fisher
For Rent Real Estate Sign In Front of a Row of Apartment Condominiums Balconies and Garage Doors.

Feverpitched / Getty Images/iStockphoto

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Feverpitched / Getty Images/iStockphoto

There is a shortage of available and affordable housing for low-income families in every state, but the situation is worse in some states than others. Extremely low-income families — defined as households with incomes at or below either the federal poverty guideline, or 30% of their area median income, whichever is greater — face rates as low as 14 affordable and available homes for every 100 households in some states.

While there are still not enough homes to provide rentals for every extremely low-income family in the states with the most available housing, the odds of finding housing are the best in these places, as identified by the National Low Income Housing Coalition.

Also here are the states where you’re most and least likely to live paycheck to paycheck.

South Dakota

  • Number of affordable and available rental homes: 57 per 100 extremely low-income renter households
  • Extremely low-income renter households: 26,953
  • Extremely low-income renter households with severe cost burden: 51%

Mississippi

  • Number of affordable and available rental homes: 55 per 100 extremely low-income renter households
  • Extremely low-income renter households: 108,951
  • Extremely low-income renter households with severe cost burden: 65%

West Virginia

  • Number of affordable and available rental homes: 53 per 100 extremely low-income renter households
  • Extremely low-income renter households: 63,660
  • Extremely low-income renter households with severe cost burden: 66%

Rhode Island

  • Number of affordable and available rental homes: 51 per 100 extremely low-income renter households
  • Extremely low-income renter households: 49,468
  • Extremely low-income renter households with severe cost burden: 56%

Wyoming

  • Number of affordable and available rental homes: 51 per 100 extremely low-income renter households
  • Extremely low-income renter households: 18,176
  • Extremely low-income renter households with severe cost burden: 63%

Maine

  • Number of affordable and available rental homes: 51 per 100 extremely low-income renter households
  • Extremely low-income renter households: 36,378
  • Extremely low-income renter households with severe cost burden: 63%

Data is sourced from the National Low Income Housing Coalition and is accurate as of 2022.

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