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We all know the housing and apartment market is steady growing with more complexes being built which also increases the rent for everyone in the city.
According to the study, a typical one-bedroom apartment in Raleigh costs $1,260 a month to rent, and a typical two-bedroom apartment costs $1,392 a month.
This study also says that even if you’re making the minimum wage of $7.25, it would take 3.6 full-time jobs to afford a typical one-bedroom apartment in Raleigh and 4.0 full-time jobs to afford a typical two-bedroom. That’s compared to the national average of nearly four people making minimum wage.
Raleigh is one of six cities where at least four full-time minimum-wage incomes would be needed to reasonably afford a two-bedroom rental!
With that being said, who is ready to shack up?
