Full-time workers are feeling the pinch in today’s rental market. But how affordable is rent in your state?
Renters in New Hampshire earn an average wage of $20 per hour, meaning a moderately priced two-bedroom rental is just out of reach.
The average renter earns a wage of $21 per hour, and has to juggle an additional job to afford a moderately priced two- bedroom rental.
Renters living in Oregon’s priciest metro area (Portland) need to pull in at least six figures annually to afford the average two-bedroom rent.
A renter who earns the average wage of $21 an hour would need to take on at least an additional part-time job at a similar rate to afford a moderately priced two-bedroom rental.
The average renter earns $22 an hour in Maryland, meaning they have to work more than 40 hours a week to keep costs on a moderately priced two-bedroom rental under 30% of their income.
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