What $100K rents: A house in Memphis, a one-bedroom apartment in San Jose
PR Newswire•07/10/2026•08:00 ET
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Key Highlights
- ➤$100K income affords $2,500 monthly rent, accessing 77% of Zillow listings
- ➤$100K renters gain nearly 20% more living space than median-income renters
- ➤Affordable rentals include 30% single-family homes, 18% condos, and 52% apartments
- ➤Memphis offers 2,119 square feet and four bedrooms at the $100K budget
- ➤San Jose offers 650 square feet and one bedroom at the $100K budget
Expert Statements
Treh Manhertz, Senior economic research scientist at Zillow
“The variation we see in what a $100,000 income rents across markets is ultimately a supply story,”
Treh Manhertz, Senior economic research scientist at Zillow
“In markets that have built enough housing to meet demand, six figures rents real comfort and choice. In markets that haven't, even high earners feel the squeeze.”
What $100K rents: A house in Memphis, a one-bedroom apartment in San Jose PR Newswire
A six-figure income supports a rental budget of $2,500 per month, enough to access 77% of rentals nationwide, but just 13% in the most expensive market
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