Santa Cruz in California remains the most expensive rental market in the United States for the third year in a row. This city requires a person to have an overwhelming income of more than $168,000 just to rent a two-bedroom, according to Fox Business. The National Low-Income Housing Coalition’s 2025 Out of Reach report suggests that in the Santa Cruz area, located on the Central Coast about 75 miles south of San Francisco, the hourly pay needed to afford a modest two-bedroom has risen from $63.33 in 2023 to $81.21 in 2025. This is almost 30% higher than it was in 2023, when they first reached the top of the list. 

Read more: https://tinyurl.com/4uarxvu7