New Orleans rents some of the highest in the country - FOX 8 WVUE New Orleans News, Weather, Sports

New Orleans rents some of the highest in the country

Updated:

NEW ORLEANS - People in New Orleans shell out some of the highest rent payments in the country as a percentage of their income.

The website governing.com ranks New Orleans 29th in the country. It says the city typifies a trend in large U.S. cities: not enough good paying jobs to adequately pay for costly housing.

In New Orleans, rent eats up nearly 38 percent of monthly income. 

The city rated the worst is Flint, Mich., where renters fork over just under 50 percent of their incomes for the roofs over their heads.

 

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