If you’re renting, you know how much you need to pay each month. But have you ever considered how much you need to earn per hour to afford rent?
As you consider ways to help pay the rent where you live, you'll see from the data here that in some areas, you'll need to find ways to make extra money to afford even a small home.
Here's how much you'll need to earn per hour to rent a two-bedroom home in your state.
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About the numbers
![Man holding money and a house](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/14/showing_money_and_paper_house.jpg)
A National Low Income Housing Coalition (NLIHC) report examined how much you would need to earn per hour to afford a two-bedroom home in each state. They call this the Housing Wage.
The "wage needed to afford rent" estimates a full-time worker's hourly wage to rent a two-bedroom home at the fair-market rate (FMR). They also assumed that the wage-earner would spend 30% of their income on rent, the “accepted standard of affordability.”
To get the "wage needed to afford rent" number for each state, the NLIHC multiplied the FMR by 12 to get the yearly cost and then calculated 30% of that amount.
For example, the average FMR for a two-bedroom rental in the U.S. is $1,486.25. Multiplied by 12 months gets us a total of $17,835 in rent for the year.
If we only want to spend 30% of our earnings on rent, we'll need to multiply the annual rent by .3 for a total yearly income needed to afford a two-bedroom rental of $59,450 ($17,835 / .3 = $59,450).
To get the "wage needed to afford rent," we simply divide the total annual income needed to afford a two-bedroom rental in each state by 52 (weeks per year) and then by 40 (hours per work week.
That gives us $28,58 as the average "wage needed to afford rent" in the U.S. ($59,450 / 52 = $1,143; $1,143 / 40 = $28.58).
Arkansas: #51
![father with little daughter on hands](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/father_with_little_daughter_on_hands.jpg)
Average rent for a two-bedroom home: $846/month
Wage needed to afford rent: $16.27/hour
Minimum wage: $11.00
Weekly hours need to work at minimum wage: 59
West Virginia: #50
![brothers playing video game together](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/brothers_playing_video_game_together.jpg)
Average rent for a two-bedroom home: $965/month
Wage needed to afford rent: $16.64/hour
Minimum wage: $8.75
Weekly hours need to work at minimum wage: 76
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Mississippi: #49
![happy family playing with puppy](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/happy_family_playing_with_puppy.jpg)
Average rent for a two-bedroom home: $895/month
Wage needed to afford rent: $17.21/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 95
South Dakota: #48
![older married couple talking](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/older_married_couple_talking.jpg)
Average rent for a two-bedroom home: $909/month
Wage needed to afford rent: $27.49/hour
Minimum wage: $10.80
Weekly hours need to work at minimum wage: 65
North Dakota: #47
![happy father with two sons](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/happy_father_with_two_sons.jpg)
Average rent for a two-bedroom home: $925/month
Wage needed to afford rent: $17.79/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 98
Kentucky: #46
![senior couple holding opened door](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/senior_couple_holding_opened_door.jpg)
Average rent for a two-bedroom home: $931/month
Wage needed to afford rent: $17.90/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 99
Wyoming: #45
![diverse couple having fun](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/diverse_couple_having_fun.jpg)
Average rent for a two-bedroom home: $933/month
Wage needed to afford rent: $17.94/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 99
Oklahoma: #44
![woman sitting on wheelchair studying](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/woman_sitting_on_wheelchair_studying.jpg)
Average rent for a two-bedroom home: $936/month
Wage needed to afford rent: $18.00/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 99
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Alabama: #43
![asian girl lying on sofa](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/asian_girl_lying_on_sofa.jpg)
Average rent for a two-bedroom home: $943/month
Wage needed to afford rent: $18.13/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 100
Iowa: #42
![good-looking man](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/good-looking_man.jpg)
Average rent for a two-bedroom home: $943/month
Wage needed to afford rent: $18.13/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 100
Missouri: #41
![black woman with green diet](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/black_woman_with_green_diet.jpg)
Average rent for a two-bedroom home: $964/month
Wage needed to afford rent: $18.54/hour
Minimum wage: $12.00
Weekly hours need to work at minimum wage: 62
Kansas: #40
![adult with disability holding mobile](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/adult_with_disability_holding_mobile.jpg)
Average rent for a two-bedroom home: $973/month
Wage needed to afford rent: $18.71/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 103
Nebraska: #39
![two lovers moving in](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/two_lovers_moving_in.jpg)
Average rent for a two-bedroom home: $984/month
Wage needed to afford rent: $18.91/hour
Minimum wage: $10.50
Weekly hours need to work at minimum wage: 72
Indiana: #38
![women sitting on the sofa](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/women_sitting_on_the_sofa.jpg)
Average rent for a two-bedroom home: $988/month
Wage needed to afford rent: $19.00/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 105
Ohio: #37
![A senior couple](https://cdn.financebuzz.com/filters:quality(75)/images/2023/06/28/senior-couple-looking-into-blueprints-of-their-new-home.jpeg)
Average rent for a two-bedroom home: $993/month
Wage needed to afford rent: $19.09/hour
Minimum wage: $10.10
Weekly hours need to work at minimum wage: 76
Montana: #36
![young asian male tech user](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/young_asian_male_tech_user.jpg)
Average rent for a two-bedroom home: $1,002/month
Wage needed to afford rent: $19.28/hour
Minimum wage: $9.95
Weekly hours need to work at minimum wage: 77
Louisiana: #35
![woman watching tv](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/woman_watching_tv.jpg)
Average rent for a two-bedroom home: $1,008/month
Wage needed to afford rent: $19.39/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 107
New Mexico: #34
![mature couple using a laptop](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/mature_couple_using_a_laptop.jpg)
Average rent for a two-bedroom home: $1,034/month
Wage needed to afford rent: $19.88/hour
Minimum wage: $12.00
Weekly hours need to work at minimum wage: 66
Wisconsin: #33
![mature man washing dishes](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/mature_man_washing_dishes.jpg)
Average rent for a two-bedroom home: $1,056/month
Wage needed to afford rent: $20.32/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 112
Tennessee: #32
![couple read books on sofa bed](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/couple_read_books_on_sofa_bed.jpg)
Average rent for a two-bedroom home: $1,303/month
Wage needed to afford rent: $20.76/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 115
South Carolina: #31
![businessman is enjoying his morning coffee](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/businessman_is_enjoying_his_morning_coffee.jpg)
Average rent for a two-bedroom home: $1,117/month
Wage needed to afford rent: $21.48/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 118
Idaho: #30
![A middle-aged man, wearing glasses, sitting on a chair on the balcony and enjoying the sunny weather.](https://cdn.financebuzz.com/filters:quality(75)/images/2023/06/26/middle-aged-man-enjoying-sunny-weather-on-the-balcony.jpeg)
Average rent for a two-bedroom home: $1,120/month
Wage needed to afford rent: $21.53/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 119
North Carolina: #29
![happy couple in kitchen](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/happy_couple_in_kitchen.jpg)
Average rent for a two-bedroom home: $1,120/month
Wage needed to afford rent: $21.54/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 119
Michigan: #28
![woman with magazine sitting](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/woman_with_magazine_sitting_1.jpg)
Average rent for a two-bedroom home: $1,1226/month
Wage needed to afford rent: $21.65/hour
Minimum wage: $10.10
Weekly hours need to work at minimum wage: 86
Pennsylvania: #27
![woman relaxing in cozy chair](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/woman_relaxing_in_cozy_chair.jpg)
Average rent for 2-bedroom home: $1,228/month
Wage needed to afford rent: $23.61/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 130
Minnesota: #26
![woman using laptop](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/woman_using_laptop.jpg)
Average rent for a two-bedroom home: $1,254/month
Wage needed to afford rent: $24.11/hour
Minimum wage: $10.59
Weekly hours need to work at minimum wage: 91
Illinois: #25
![couple in love back home](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/couple_in_new_home_Ew0tzUh.jpg)
Average rent for a two-bedroom home: $1,279/month
Wage needed to afford rent: $24.59/hour
Minimum wage: $13.00
Weekly hours need to work at minimum wage: 76
Maine: #24
![cheerful guy inviting people](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/cheerful_guy_inviting_people.jpg)
Average rent for a two-bedroom home: $1,286/month
Wage needed to afford rent: $24.73/hour
Minimum wage: $13.80
Weekly hours need to work at minimum wage: 72
Georgia: #23
![adult woman with coffee cup](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/adult_woman_with_coffee_cup.jpg)
Average rent for a two-bedroom home: $1,287/month
Wage needed to afford rent: $24.75/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 137
Utah: #22
![couple in new home](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/couple_in_new_home_naf7PG4.jpg)
Average rent for a two-bedroom home: $1,297/month
Wage needed to afford rent: $24.93/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 138
Texas: #21
![keys from realtor](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/keys_from_realtor.jpg)
Average rent for a two-bedroom home: $1,090/month
Wage needed to afford rent: $25.06/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 136
Vermont: #20
![guys having fun while making salad together](https://cdn.financebuzz.com/filters:quality(75)/images/2023/05/25/guys_having_fun_while_making_salad_together.jpg)
Average rent for a two-bedroom home: $1,328/month
Wage needed to afford rent: $25.54/hour
Minimum wage: $13.18
Weekly hours need to work at minimum wage: 78
Delaware: #19
![father and daughter singing](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/father_and_daughter_singing.jpg)
Average rent for a two-bedroom home: $1,357/month
Wage needed to afford rent: $26.09/hour
Minimum wage: $11.75
Weekly hours need to work at minimum wage: 89
Alaska: #18
![father washing dishes](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/father_washing_dishes.jpg)
Average rent for a two-bedroom home: $1,368/month
Wage needed to afford rent: $26.32/hour
Minimum wage: $10.85
Weekly hours need to work at minimum wage: 97
Virginia: #17
![young couple eating noodles together](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/young_couple_eating_noodles_together.jpg)
Average rent for a two-bedroom home: $1,396/month
Wage needed to afford rent: $26.84/hour
Minimum wage: $12.00
Weekly hours need to work at minimum wage: 89
Rhode Island: #16
![family relaxing on couch](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/family_relaxing_on_couch.jpg)
Average rent for a two-bedroom home: $1,444/month
Wage needed to afford rent: $27.78/hour
Minimum wage: $13.00
Weekly hours need to work at minimum wage: 85
Nevada: #15
![smiling woman working on laptop](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/smiling_woman_working_on_laptop.jpg)
Average rent for a two-bedroom home: $1,455/month
Wage needed to afford rent: $27.99/hour
Minimum wage: $11.25
Weekly hours need to work at minimum wage: 100
Oregon: #14
![young woman sitting on grey sofa](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/young_woman_sitting_on_grey_sofa.jpg)
Average rent for a two-bedroom home: $1,545/month
Wage needed to afford rent: $29.72/hour
Minimum wage: $14.20
Weekly hours need to work at minimum wage: 84
New Hampshire: #13
![young man relaxing on sofa](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/young_man_relaxing_on_sofa.jpg)
Average rent for a two-bedroom home: $1,553/month
Wage needed to afford rent: $29.86/hour
Minimum wage: $7.25
Weekly hours need to work at minimum wage: 165
Arizona: #12
![girl baking in kitchen](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/girl_baking_in_kitchen.jpg)
Average rent for a two-bedroom home: $1,556/month
Wage needed to afford rent: $29.93/hour
Minimum wage: $13.85
Weekly hours need to work at minimum wage: 86
Florida: #11
![teen guy wearing headphones](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/teen_guy_wearing_headphones.jpg)
Average rent for a two-bedroom home: $1,591/month
Wage needed to afford rent: $30.59/hour
Minimum wage: $11.00
Weekly hours need to work at minimum wage: 111
Maryland: #10
![young couple celebrate moving](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/young_couple_celebrate_moving.jpg)
Average rent for a two-bedroom home: $1,616/month
Wage needed to afford rent: $31.08/hour
Minimum wage: $13.25
Weekly hours need to work at minimum wage: 94
Connecticut: #9
![young married couple sitting on sofa](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/young_married_couple_sitting_on_sofa.jpg)
Average rent for a two-bedroom home: $1,660/month
Wage needed to afford rent: $31.93/hour
Minimum wage: $15.00
Weekly hours need to work at minimum wage: 85
Colorado: #8
![smiling young woman using smartphone](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/smiling_young_woman_using_smartphone.jpg)
Average rent for a two-bedroom home: $1,671/month
Wage needed to afford rent: $32.13/hour
Minimum wage: $13.85
Weekly hours need to work at minimum wage: 94
New Jersey: #7
![happy family on sofa](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/happy_family_on_sofa.jpg)
Average rent for a two-bedroom home: $1,742/month
Wage needed to afford rent: $33.50/hour
Minimum wage: $14.13
Weekly hours need to work at minimum wage: 95
District of Columbia: #6
![happy roommates moving home](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/happy_roommates_moving_home.jpg)
Average rent for a two-bedroom home: $1,838/month
Wage needed to afford rent: $35.35/hour
Minimum wage: $17.00
Weekly hours need to work at minimum wage: 83
Washington: #5
![woman packing her belongings](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/woman_packing_her_belongings.jpg)
Average rent for a two-bedroom home: $1,889/month
Wage needed to afford rent: $36.33/hour
Minimum wage: $15.74
Weekly hours need to work at minimum wage: 92
New York: #4
![happy senior old grandfather](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/happy_senior_old_grandfather.jpg)
Average rent for a two-bedroom home: $2,084/month
Wage needed to afford rent: $40.80/hour
Minimum wage: $14.20
Weekly hours need to work at minimum wage: 113
Massachusetts: #3
![black woman watching tv](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/black_woman_watching_tv.jpg)
Average rent for a two-bedroom home: $2,165/month
Wage needed to afford rent: $41.64/hour
Minimum wage: $15.00
Weekly hours need to work at minimum wage: 111
Hawaii: #2
![couple in new home](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/couple_in_new_home.jpg)
Average rent for a two-bedroom home: $2,175/month
Wage needed to afford rent: $41.83/hour
Minimum wage: $12.00
Weekly hours need to work at minimum wage: 139
California: #1
![funny man in bathing suit](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/funny_man_in_bathing_suit.jpg)
Average rent for a two-bedroom home: $2,197/month
Wage needed to afford rent: $42.25/hour
Minimum wage: $15.50
Weekly hours need to work at minimum wage: 109
Bottom line
![family admiring their new apartment](https://cdn.financebuzz.com/filters:quality(75)/images/2023/07/18/family_admiring_their_new_apartment.jpg)
The cost of living in each U.S. state depends on many factors, including demand, economic opportunities, and overall quality of life.
Some states have very affordable and more accessible options than others. Look local to get a more accurate view of what's happening in your state.
If you're ready for that move, check out some ways to get ahead financially to help you get into a home instead of renting an apartment.
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