7 Monthly Dividend Stocks that Will Pay Your Rent

Rent prices are out of control but I’ve found a way to pay your rent with monthly dividend stocks. I’ll reveal the seven dividend stocks to make it happen and average rent in each state. Want to find the top monthly dividend stocks? Check out this ranking of the best monthly dividend stocks https://youtu.be/1r1lIaALk0I

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The dream is to live off dividends, right? Well you need to start with how much you need to invest in dividend stocks and which are the ones that will give you the monthly cash flow to pay the bills. That’s going to depend on where you live and how much rent you need to pay with dividends.

It’s a lot of questions so I decided to update one of my most popular videos to show you exactly which dividend stocks to buy and how to pay the rent. I’ll reveal the average monthly rent by state and then the best dividend stock to help you pay it.

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Learn how to create a dividend stock ladder that pays the bills EVERY month! https://youtu.be/0Cgv5pnDHco

Research and data used in this video:
Here’s where I found the average rent by state https://www.rentdata.org/states/2023

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0:00 Monthly Dividend Stocks that Will Pay Your Rent
0:16 What is the Average Monthly Rent in Each State?
1:17 Dividend Stocks to Pay the Rent in Kansas, Kentucky, Missouri and Alabama
3:09 Monthly Dividend Stocks for Nebraska, Tennessee, Illinois, Ohio and Louisiana
5:33 Monthly Dividend Payers for Michigan, Wisconsin, Indiana and New Mexico
7:10 Dividend Stocks to Pay the Rent in North Carolina, Texas, Pennsylvania, Georgia and Main
8:15 Dividend Payers to Pay the Rent in New York, Florida, Arizona, Virginia and Utah
10:09 How Much to Invest in Dividend Stocks to Pay the Rent?
11:01 How to Live Off Dividends
13:45 Monthly Dividend Stocks for Colorado, Washington, Oregon and Nevada
15:51 How to Make Stocks Pay the Rent in Massachussets, California, New Jersey and Maryland

Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.