Nearly 58 percent of Boulder County renters were cost-burdened in 2015, according to a new report from online marketplace Apartment List — a 6.2 percent increase over 2014.
The report, based on U.S. Census data released Dec. 8, shows that 57.9 percent of renters in Boulder paid more than 30 percent of their income toward rent. In 2014, the figure was 54.6 percent.
“Boulder (County) is below average in terms of affordability,” said Andrew Woo, who co-authored the study. “Rent went up, income went down.”
Median rents in the county went up 6.8 percent during that time, from $1,205 to $1,287, according to the report. Median incomes for renters, on the other hand, declined 1.1 percent, from $41,772 to $41,309.
Boulder County was the second least-affordable metro area in Colorado, behind Pueblo for share of rent-burdened residents (60.5 percent.)
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