How much do you think Millennials spend on renting properties?
Posted by West and Main Homes Admin on
The answer is shocking when it comes to how much a Millennial spends on rent by the time they hit 30. Rentcafe did some research and found that $93,000 is spent on rent by a millennial from the age of 22 to 30. Can you imagine if you already had that much paid off on your house?
According to Rentcafe, many of the reasons why millennials are not buying homes is because of their increasing student debt. Many of them need affordable homes but still want attractive amenities. From affordable to luxury, we can help you find your dream home! Check out our listing for newly updated homes and read more below for information about millennials and renting.
"Besides the heavy rent burden, there are several other reasons why Millennials witness such…
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