The nation’s 11.2 million extremely low income renter households account for 25.7% of all renter households and 9.5% of all households in the United States. The U.S. has a shortage of more than 7.2 million rental homes affordable and available to extremely low income renter households. Only 35 affordable and available rental homes exist for every 100 extremely low income renter households. Seventy-one percent of extremely low income renter households are severely cost-burdened, spending more than half of their incomes on rent and utilities. They account for 72.7% of all severely cost-burdened renter households in the United States. Thirty-two percent of very low income, 8% of low income, and 2.3% of middle income renter households are severely cost-burdened (see Box 1). Of the eight million severely cost-burdened extremely low income renter households, 84%are seniors, persons with disabilities, or are in the labor force. Many others are enrolled in school or are single adults caring for a young child or a person with a disability.
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