Middle-Class Renters Face Growing Financial Squeeze Under Trump
Summary
A new study shows that more middle-income renters in the U.S. are having trouble paying rent in 2025 compared to last year. Rising costs for housing and other necessities are causing financial strain, especially for the middle class.Key Facts
- The share of lower-income renters struggling to pay rent rose from 26.4% in 2024 to 27.8% in 2025.
- Middle-income renters facing difficulty paying rent increased from 14.3% in 2024 to 21.6% in 2025.
- The study used data from the Urban Institute’s Well-Being and Basic Needs Survey conducted in December 2025.
- Rising expenses include food, gas, utilities, and housing costs.
- Housing is the largest monthly cost for most U.S. families, taking up about one-third of their spending.
- Although rent growth slowed or declined recently, rent prices remain much higher than before the pandemic.
- In 2024, 22.7 million U.S. renter households were considered cost-burdened, meaning they spent a large share of income on housing.
- About 20% of renters aged 18-64 reported paying rent late or not in full in 2025, up from 16.5% in 2024.
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