Analysts studying the cost of rental housing in America, we decided to do a little research. They were interested in how much a US resident should earn to pay for a rented two-room apartment. What conclusions did they come to?
General information
When calculating earnings to pay rent, a rate of 28% was used. America's government standards state that local residents should spend no more than this percentage of their wages on housing.
A person whose annual income exceeds $150,000 will be able to rent a two-room apartment in New York, located next to a metro station. The amount is not considered the maximum, since San Francisco topped the ranking of the most expensive accommodation. To pay for a rented apartment in a city where a large number of IT companies are located, you need to receive at least 216 thousand per year.
Top cities with expensive rent 
photo: finance.ua
The following cities are included in this rating: San Francisco. For a two-room apartment, you need to pay 5 thousand dollars for 30 days. NY. Here the rental cost was 3.3 thousand, therefore, you need to earn at least 158 thousand per year. Los Angeles. You will have to pay 3.3 thousand to rent an apartment.
Boston. The cost of a two-room rented apartment is 2.8 thousand. Washington. Rental housing here is practically no different from the previous option, and is equal to 2.7 thousand. Seattle. In this city you can rent an apartment for 2.3 thousand. Miami. It can offer two-room apartments, the rent of which is 2.1 thousand.
If a person is interested in renting housing for less than 2 thousand dollars, one should pay attention to Chicago, Philadelphia and Dallas.
Additional information 
photo: nestpick.com
We must not forget that some factors can lead to to increase the cost of the apartment. This category includes:
Location. In the city center, where there are cafes, bars, bus stops, and shopping centers nearby, the cost of rental housing will be higher. If a person is interested in an economical option, he should start looking for an apartment closer to the outskirts.
Utilities. Depending on the option chosen, the rental price may include water, cold and hot, and heating. Electricity is always paid separately.
Have a pet. First of all, this is due to the additional waste of other resources. In addition, a pet can cause damage to property. For this reason, you will have to pay at least $50 extra to stay with a cat, and in the case of a dog, much will depend on the breed and, accordingly, size. However, modern landlords do not want to accommodate people with pets.
If the apartment has rich furnishings, the “tenant” will have to purchase insurance, the cost of which reaches $300 per year. The income that a person renting a two-room apartment should receive depends on many factors, and primarily on the city of residence.
