The typical teacher in the U.S. can now afford nearly half of the apartments within commuting distance of their school, according to a new report by Redfin, a technology-powered real estate brokerage. The report shows a modest improvement in rental affordability, with the percentage rising from 40.7% in 2023 to 47.9% in 2024. However, homeownership remains a distant dream for most educators, with only 14% of homes near schools within their financial reach.