A for rent sign advertising a row house in northeast Capitol Hill, is pictured on Monday, August 26, 2019, in Washington D.C.
A for rent sign advertising a row house in northeast Capitol Hill, is pictured on Monday, August 26, 2019, in Washington D.C.
  • Cheap rent has gotten much harder to find as housing costs have surged over the last decade.
  • The number of homes that rent for under $1,000 has plummeted, Harvard researchers found.
  • Meanwhile, half of renters spend more than 30% of their income on housing. 

If you've been struggling to find a cheap rental, you're not alone: Low-rent apartments are harder to find than ever.