Which Rust Belt cities have the most affordable housing?
The rust belt is an area of America that has long been home to some of the poorest people in the country.
A new study by The Wall Street Journal finds that there are more than 1 million people living in poverty in the Rust Belt, compared to just over 1 million in the rest of the country, with many of those living in places like Detroit, Milwaukee, and Memphis.
While the overall number of poor people in America has fallen since the 1950s, there are still roughly 4.3 million people in poverty across the country according to the Federal Poverty Measurement Database.
In fact, the US is the only major country in the world with a higher poverty rate than the rust belt, according to a 2016 report from the Center for American Progress.
But that doesn’t mean the area is the most expensive to live in.
In addition to the fact that the average price of a home in the rustbelt is more than five times higher than in the other four Rust Belt states, it also means that the price of renting a home is more expensive than in any other Rust Belt state.
According to the U.S. Census Bureau, the median price of rental housing in the United States in 2018 was $1,874 per month, up slightly from $1.1 million in 2018.
That’s also higher than the median rent in almost every other Rust belt state, with rents in Tennessee, Michigan, Iowa, Wisconsin, Indiana, Ohio, and Missouri being more affordable than the average rent in Ohio.
The median rent for a one-bedroom apartment in the Milwaukee metro area was $2,945 per month in 2018, according the Wall Street Report.
For those living on the streets, the cost of a one bedroom in the city is a bit more than $4,000.
So, if you want to get into the market for a home, the best place to start is in the state of Wisconsin, which has a relatively affordable median home price of $739 per month.