In 2024, a two-bedroom apartment at a fair market rent in New York HMFA would require renters to earn at least 52.92 U.S. dollars per hour, making it the most expensive metropolitan area to rent in New York. The Nassau-Suffolk HMFA ranked second most expensive with a minimum hourly wage requirement of 48.23 U.S. dollars for a two-bedroom apartment. On the other hand, Yates County HMFA and Utica-Rome MSA were the most affordable areas requiring renters to earn less than 21 U.S. dollars to afford renting a two-bedroom apartment. The monthly fair market rent required for a two-bedroom apartment in New York during this period was between 992 and 2,752 U.S. dollars depending on the metropolitan area.
Hourly wages needed to afford a two-bedroom apartment in New York, United States from 2021 to 2024, by metro
(in U.S. dollars)
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NLIHC. (June 27, 2024). Hourly wages needed to afford a two-bedroom apartment in New York, United States from 2021 to 2024, by metro (in U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1256708/us-two-bedroom-housing-wage-ny-by-metro/
NLIHC. "Hourly wages needed to afford a two-bedroom apartment in New York, United States from 2021 to 2024, by metro (in U.S. dollars)." Chart. June 27, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1256708/us-two-bedroom-housing-wage-ny-by-metro/
NLIHC. (2024). Hourly wages needed to afford a two-bedroom apartment in New York, United States from 2021 to 2024, by metro (in U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1256708/us-two-bedroom-housing-wage-ny-by-metro/
NLIHC. "Hourly Wages Needed to Afford a Two-bedroom Apartment in New York, United States from 2021 to 2024, by Metro (in U.S. Dollars)." Statista, Statista Inc., 27 Jun 2024, https://www.statista.com/statistics/1256708/us-two-bedroom-housing-wage-ny-by-metro/
NLIHC, Hourly wages needed to afford a two-bedroom apartment in New York, United States from 2021 to 2024, by metro (in U.S. dollars) Statista, https://www.statista.com/statistics/1256708/us-two-bedroom-housing-wage-ny-by-metro/ (last visited December 21, 2024)
Hourly wages needed to afford a two-bedroom apartment in New York, United States from 2021 to 2024, by metro (in U.S. dollars) [Graph], NLIHC, June 27, 2024. [Online]. Available: https://www.statista.com/statistics/1256708/us-two-bedroom-housing-wage-ny-by-metro/
