Wages in San Jose have grown much faster than rents.
Steve Proehl/Getty Images
- Rental price growth is outpacing wage growth in most US cities, especially in New York.
- However, cities like Austin, Portland, and Salt Lake City have seen wages grow faster than rent.
- The gap between income and cost of living continues to widen, even in cities with strong wage growth.
It's a tough time to be a renter.
A new Zillow and StreetEasy analysis finds that rental...