About a third of renters who plan to buy a home in the next year are carrying student debt
- The average monthly student debt payment for renters who are planning to buy a home in the next 12 months is $388.
- The highest priced home a renter with student debt could afford without spending more than 30 percent of their income on housing and student debt is $269,400, meaning they could buy just over half of the homes currently for sale.
- A renter without student debt could afford to buy a home that costs up to $361,800, or 66.4 percent of available homes.
PR Newswire
SEATTLE, Nov. 15, 2018
