Today, we lack over 3.1 million affordable housing units for extremely low-income households alone.
The wage needed to afford housing differs drastically from the minimum wage. For example, the federal minimum wage is $7.25 an hour, but the wage needed to afford a two-bedroom apartment is $18.44. That is more than 2.5 times the minimum wage.
To find information on the cost of housing in your state, compiled by the National Low Income Housing Coalition, click here.
- Find the scrolling list of states at the left-hand side of the web page that appears.
- Click the name of your state to select it.
- Click "Click to View Data."
- On the next page that appears, select your metropolitan area or county or both
- Click "Get Data."
- Scroll trhough the columns to find the data that you need to complete the chart.
|
Housing Matters |
National |
State |
County |
|
Fair market rent for a two-bedroom apartment |
$959 |
|
|
|
Renter's wage required to afford a two-bedroom apartment |
$18.44 |
|
|
|
Actual average renter's wage |
$14.44 |
|
|
|
Minimum wage |
$7.25 |
|
|
|
Weekly hours of work required at minimum wage to afford to rent a two-bedroom apartment |
102 |
|
|




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