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How much you need to make in WA state to afford a place.
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How much you need to make in WA state to afford a place.Posted:
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Here where I live in Seattle ,WA to afford to rent a place is about $1,200 cheapest and the highest is $2,000. TO buy a house your looking around 400,000$ plus
The fair market rental on a 2-bedroom place comes in aabout $1,397 per month. That means a renter here needs to make $26.87 per hour to afford a 2-bedroom unit in Washington.
Other states renting costs are going up as well. "Rising rents are also hitting workers in Oregon. The report shows a renter would have to make $36,161 a year to comfortably afford a typical one-bedroom rental. But the average renter in Oregon earns $36,096"
An average renter would need to make need to make $26.87 per hour to afford a 2-bedroom unit in Washington state.
Here are the states you need to at least make to afford a place.
States ranked by how much you'd need to make to afford a two-bedroom apartment (most expensive to least expensive):
1. Hawaii $36.13
2. District of Columbia $34.48
3. California $32.68
4. New York $30.03
5. Maryland $29.04
6. Massachusetts $28.64
7. New Jersey $28.17
8. Washington $26.87
9. Connecticut $24.90
10. Alaska $24.80
11. Colorado $23.93
12. Virginia $23.69
13. Vermont $22.40
14. New Hampshire $22.32
15. Delaware $21.85
16. Florida $21.50
17. Oregon $21.26
18. Illinois $20.34
19. Rhode Island $19.96
20. Pennsylvania $19.53
21. Texas $19.32
22. Minnesota $18.82
23. Maine $18.73
24. Nevada $18.59
25. Arizona $18.46
26. Utah $17.77
27. Georgia $17.53
28. Michigan $16.85
29. Louisiana $16.63
30. Wisconsin $16.52
31. Wyoming $16.46
32. North Dakota $16.44
33. South Carolina $16.38
34. North Carolina $16.35
35. Montana $16.13
36. New Mexico $15.89
37. Tennessee $15.74
38. Kansas $15.67
39. Nebraska $15.66
40. Indiana $15.56
41. Missouri $15.46
42. Idaho $15.44
43. Oklahoma $15.41
44. Ohio $15.25
45. Iowa $15.01
46. Alabama $14.65
47. Mississippi $14.51
48. Kentucky $14.40
49. South Dakota $14.33
50. West Virginia $14.10
51. Arkansas $13.84
52. Puerto Rico $9.24
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The fair market rental on a 2-bedroom place comes in aabout $1,397 per month. That means a renter here needs to make $26.87 per hour to afford a 2-bedroom unit in Washington.
Other states renting costs are going up as well. "Rising rents are also hitting workers in Oregon. The report shows a renter would have to make $36,161 a year to comfortably afford a typical one-bedroom rental. But the average renter in Oregon earns $36,096"
An average renter would need to make need to make $26.87 per hour to afford a 2-bedroom unit in Washington state.
Here are the states you need to at least make to afford a place.
States ranked by how much you'd need to make to afford a two-bedroom apartment (most expensive to least expensive):
1. Hawaii $36.13
2. District of Columbia $34.48
3. California $32.68
4. New York $30.03
5. Maryland $29.04
6. Massachusetts $28.64
7. New Jersey $28.17
8. Washington $26.87
9. Connecticut $24.90
10. Alaska $24.80
11. Colorado $23.93
12. Virginia $23.69
13. Vermont $22.40
14. New Hampshire $22.32
15. Delaware $21.85
16. Florida $21.50
17. Oregon $21.26
18. Illinois $20.34
19. Rhode Island $19.96
20. Pennsylvania $19.53
21. Texas $19.32
22. Minnesota $18.82
23. Maine $18.73
24. Nevada $18.59
25. Arizona $18.46
26. Utah $17.77
27. Georgia $17.53
28. Michigan $16.85
29. Louisiana $16.63
30. Wisconsin $16.52
31. Wyoming $16.46
32. North Dakota $16.44
33. South Carolina $16.38
34. North Carolina $16.35
35. Montana $16.13
36. New Mexico $15.89
37. Tennessee $15.74
38. Kansas $15.67
39. Nebraska $15.66
40. Indiana $15.56
41. Missouri $15.46
42. Idaho $15.44
43. Oklahoma $15.41
44. Ohio $15.25
45. Iowa $15.01
46. Alabama $14.65
47. Mississippi $14.51
48. Kentucky $14.40
49. South Dakota $14.33
50. West Virginia $14.10
51. Arkansas $13.84
52. Puerto Rico $9.24
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#2. Posted:
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So how do people afford to rent in these places?
If you have to make an absurd amount surely nobody rents and then prices will drop because landlords realise their buildings are empty
If you have to make an absurd amount surely nobody rents and then prices will drop because landlords realise their buildings are empty
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#3. Posted:
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ItzSaxbyyy wrote So how do people afford to rent in these places?
If you have to make an absurd amount surely nobody rents and then prices will drop because landlords realise their buildings are empty
Right. That's what I think how do people make it if they do rent a high price.
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#4. Posted:
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ItzSaxbyyy wrote So how do people afford to rent in these places?
If you have to make an absurd amount surely nobody rents and then prices will drop because landlords realise their buildings are empty
Surely some sort out housing benefits come into play?
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