If you earn minimum wage, there is no way you can afford a two-bedroom apartment in Washington, D.C. This information comes from a new report by the National Low Income Housing Coalition who created the above graphic by weighing in the rising housing costs with the dipping job earnings. According to CityLab, the "average American" needs $19.35/hour to afford a two-bedroom apartment. For the typical Washingtonian, the wage needs to be $28.04/hour. Urban Turf reported that the median rent for a two-bedroom in the District is $1,458/month. The high wage and high rent shouldn't come as a surprise as the nation's capital has the fourth highest rents in the nation. If interested in giving your renter horror story, let Curbed DC know.
· Mapping the Hourly Wage Needed to Rent a 2-Bedroom Apartment in Every U.S. State [CityLab]
· How Much Do You Need to Make to Afford DC's Rent? [Urban Turf]
· You Need $77K/Year to Afford Washington, D.C.'s Rent [Curbed DC]
· D.C. Has the Fourth Highest Rents in the Nation [Curbed DC]
· Got a Renter Horror Story? You Could Win a Staycation! [Curbed DC]