Rents vary greatly from state to state. Where does your state stand in comparison to others? Look at this map, which tells how much per hour a person must earn–working a 40-hour week and 52 weeks a year–to afford a two-bedroom rental unit and still not spend over 30% of their income. It’s an eye-opener. And something to check out if you’re thinking of moving.
Somehow that doesn’t surprise me at all; California, especially in the urban, suburban areas are known for their high rents. Why do you think so many seniors opt to live in cheaper areas? I’ve been in my current apartment almost 2 years; the rent is too high, but I like the area. I’m just praying that it doesn’t go up in June and price me out of living here!
There needs to be so much more affordable housing available all over the Bay Area!
There’s lots of affordable housing in the area, and more being built. The problem is, some people’s definition of “affordable” isn’t realistic.