San Antonians Would Have to Make Three Times Minimum Wage to Afford Average Two-Bedroom Apartment

If renting an apartment seems out of your budget, you're likely not alone.

According to a new report from the National Low Income Housing Coalition, Texans would need to earn at least $20.29 per hour to afford rent on the average two-bedroom apartment. That's nearly three times the minimum wage of $7.25.

The $20-per-hour rate is based on an annual income of $42,197, which would allow a renter to spend no more than 30% of their income on housing.

Of course, the minimum income required for this sort of rental varies city-to-city. In San Antonio, the number is only slightly lower at $20.19 per hour. That means anyone making minimum wage would need at least two roommates to afford the average two-bedroom rent here of $1,050 a month.

Stay on top of San Antonio news and views. Sign up for our Weekly Headlines Newsletter.
Scroll to read more San Antonio News articles
Join the San Antonio Current Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state.
Help us keep this coverage going with a one-time donation or an ongoing membership pledge.


Join SA Current Newsletters

Subscribe now to get the latest news delivered right to your inbox.