OUT OF REACH!

NLIHC recently released its annual report, Out of Reach, that documents the gap between renters’ wages and the cost of rental housing. The report’s Housing Wage is the hourly wage a full-time worker must earn to afford a modest and safe rental home without spending more than 30% of his or her income on housing costs. 

In no state can a person working full-time at the federal minimum wage afford a two-bedroom apartment at the Fair Market Rent.

http://nlihc.org/oor/