DC-Area Apartment Renters Need To Earn $91,000 To Afford Median Rent, Per Report
✉️ Want to forward this article? Click here.

A new report estimates how much DC-area apartment renters need to earn in order to afford their monthly rent.
Zillow recently found that renters need to have an income of approximately $90,730 in order to afford the median apartment rent of $1,850 a month in the DC region. Single-family home renters need to earn closer to $120,000 a year.
Nationally, renters need to earn about $80,000 to afford the median asking rent of approximately $2,000 a month.
"Nationwide, renters today need to earn more than $80,000 to comfortably afford the typical rental, up from $60,000 just five years ago," the report stated. "In eight major metro areas, renters now need to make six figures to comfortably afford rent."
This article originally published at https://dc.urbanturf.com/articles/blog/dc-area_apartment_renters_need_to_earn_91000_to_afford_median_rent_per_repo/23497.
Most Popular... This Week • Last 30 Days • Ever

When Hoffman set out to build The Wharf, he didn't just invest his career in the stre... read »

Newly released renderings now show what a major residential development on the boards... read »

Plans are moving forward on a brand new office building in the middle of downtown DC.... read »

Inside DC's historic ambassador residences; why rats are front and center in DC elect... read »

How the arch could affect DC traffic; a Sweetgreen drive-thru; and residences in Amer... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro










