The Typical Teacher Can Afford 48% of Apartments Near Their School—Up From 41% Last Year. But They Can Afford Just 14% of Homes for Sale

Rental affordability has improved thanks to flattening rents and a modest increase in teacher pay.  In Portland, OR, the typical teacher can afford 91% of apartments near their school—the highest share among the metros Redfin analyzed. The share is lowest in Miami, at 0.2%. Cleveland ranks most affordable when it comes to homebuying; the typical … Continue reading The Typical Teacher Can Afford 48% of Apartments Near Their School—Up From 41% Last Year. But They Can Afford Just 14% of Homes for Sale