简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:SmartAsset found the cost of a two-bedroom apartment in 25 cities across the US and how much income is needed to comfortably afford rent in each.
SmartAsset found what income is needed to comfortably afford rent for a two-bedroom apartment in the 25 largest US cities.
The study calculated how much a renter would need to earn to spend no more than 28% of their annual income on rent.
In eight cities, renters need to earn more than $100,000.
Rent for the average two-bedroom apartment in San Francisco, California, is more than double the cost of rent in Denver, Colorado.
It's clear that depending on where in the United States you live, rent may take up a larger portion of your income.
SmartAsset found what income you need to comfortably afford the rent for a two-bedroom apartment in the 25 largest cities, by population, across the country.
Comfortably, in this case, means spending no more than 28% of your annual salary on rent. The data on average two-bedroom apartment costs came from Zillow and is from April 2019.
Read more: Here's how much it costs to rent a one-bedroom apartment in the 49 largest US cities
To be clear, 28% is just a benchmark and is actually lower than the 30% budget many experts recommend. In some cities with expensive housing markets, that figure can be unavoidably higher — though you can cut costs by pairing up with a roommate and splitting the rent.
Keep reading to see how much a two-bedroom apartment costs in the 25 largest US cities, ranked from the lowest to the highest annual income you'll need (before taxes) to comfortably afford that rent in each.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Bill Gates warned Donald Trump before he took office of the dangers of a pandemic — and urged him to prioritize the US' preparedness efforts.
Of the 100 largest US metro areas, Zillow found that 26 saw a month-over-month decrease in median listing price, ranging from 0.1% to 3.3%.
Before the coronavirus, luxury conglomerate LVMH was posting record-breaking revenues and sending Bernard Arnault's net worth soaring.
Flex-office firms are struggling, and companies are rethinking leases for offices. Here's how real-estate markets, jobs, and deals are being impacted.