Millions of Americans struggle to find affordable rent.
In order to afford a modest, two-bedroom rental home in the U.S., renters need to earn a wage of $21.21 per hour. The Housing Wage for a two-bedroom apartment is $13.96 higher than the federal minimum wage of $7.25, and $4.83 higher than the average hourly wage of $16.38 earned by renters nationwide.
In no state can a person working full-time at the federal minimum wage afford a two-bedroom apartment at the Fair Market Rent.
Read the latest research on the high cost of housing published by the National Low Income Housing Coalition.
Out of Reach 2017 Report
