Gen Zers in San Antonio will spend nearly $130,000 in rent by age 30, study finds
San Antonio residents born between 1994 and 2000 — we're talking to you, Gen Z — will spend $128,637 in rent before they turn 30, according to a study published last month by online rental marketplace RentCafe. While that may seem like a shockingly high number, it makes more sense when it's broken down in increments — which is to say the average Gen Z Alamo City resident will spend $1,340.34 monthly on rent between the ages of 22-29. That's still more than Millennials spent on rent when they were that age, putting Gen Zers at a disadvantage for collecting savings and buying big-ticket items.
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