A new report from the National Low Income Housing Coalition(NLIHC) shows that workers across the US need to earn more than $15/hour to afford the rent of a two-bedroom apartment. The report, Out of Reach 2018, demonstrates that the struggle to afford a rental home is not just limited to hourly or minimum-wage workers. NLIHC estimates the average renter's hourly wage in the U.S. is $16.88, which is $5.22 below the two-bedroom Housing Wage, and $1.02 below the one-bedroom Housing Wage. In states like California, Maryland, and Hawaii the gap is in the double digits.
The report provides a state by state examination as well as suggested federal policy solutions.
Read the full report here.