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1 bedroom average rent: $1,214 2 bedroom average rent: $1,572 Methodology: For this study, GOBankingRates analyzed the average rental cost of major U.S. cities and the cost of living in those cities.
Hawaii. Average Monthly Rent for: Overall: $2,387.20 One Bedroom: $1,788.00 Two Bedroom: $2,400.80 Learn More: 5 Worst Florida Cities To Buy Property in the Next 5 Years, According to Real Estate ...
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Nationally, the 2023 Housing Wage is $28.58 per hour for a modest two-bedroom home and $23.67 per hour for a one-bedroom home. The findings emphasize that housing remains unaffordable for workers across various job types and income levels.
Measuring affordable housing is tricky. Different organizations look at different things: some at buying homes, others at renting apartments. Many U.S. studies, for example, only consider the average rent of a two-bedroom apartment, regardless of location or quality. This can make housing look more expensive than it actually is for many people.
Home prices by county (2021) <$100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000+ Cost of housing by State. This article contains a list of U.S. states and the District of Columbia by median home price, according to data from Zillow.