- Over the last year, the amount a renter needs to earn to afford a modest apartment grew by 3 percent.
- Six of the top 10 most in-demand jobs pay less than is needed to afford a one-bedroom apartment.
- To afford a two-bedroom apartment, the median-income renter in Minnesota would need an 8 percent raise.
- The lowest income households — those earning 30 percent or less of area median income — can afford a modest one-bedroom apartment in only eight of Minnesota’s 87 counties. Even efficiencies are not affordable in 33 counties.
- Minimum wage workers in the Twin Cities metropolitan area must work 71 hours per week to afford a modest one-bedroom apartment and 90 hours per week for a two-bedroom. This represents an increase in an additional 2-3 hours per week needed from just last year.