What Can $2,500 a Month Budget Afford to Rent? In Some Cities It's a House, In Others, a One-Bedroom

Nationally, the median listed rent between January and August was $1,750, while the typical market rent was $1,932. (Credit: Charly Triballeau/AFP via Getty Images)

A new Zillow analysis found that a household earning $100,000 can afford about 77% of rental listings nationwide, compared with just 31% for a typical renter household earning about $58,000. But the difference between cities can be striking.

In Memphis, Tennessee, a renter with a $2,500 monthly budget can typically find a four-bedroom, single-family home measuring about 2,119 square feet.