
READ THE FULL REPORT ON RENTAL TRENDS AT THIS LINK
Stagnant incomes and increasing rental costs are creating unstable and unaffordable living situations for many renters in Marion County. Data analysts with the Center for Research on Inclusion and Social Policy at the IU Public Policy Institute examined trends from the 2017 U.S. Census Bureau’s American Community Survey, paying close attention to the relationships between location, income, and race during the past five years.
What they found is a reality that many Hoosiers struggle with every day: high rent costs, a lack of affordable rental housing, and low income levels that leave families struggling to make ends meet and keep a roof over their heads.
“Affordability is a predictor of homelessness, especially among renters,” says Breanca Merritt, founding director of CRISP. “Our work shows that renters in Marion County need more opportunities for better-paying jobs and more affordable rental units to ease the financial burden and have a more secure living situation.”