Income Needed to Rent Comfortably in Raleigh & 49 U.S. Cities

Income Needed to Rent Comfortably in 50 U.S. Cities (Charlotte May Surprise You)

Source: (Art Wager via Getty Images) Rent costs are on many American minds these days, as the average American needs to make $80,949 a year to afford a standard rental property, according to a study by Zillow. In the same study, Zillow outlined how much Americans have to make to afford rent in major cities, including Charlotte. Just five years ago, that $80,000 figure sat at $60,000, highlighting a concerning trend when it comes to housing in th…

Income Needed to Rent Comfortably in Raleigh & 49 U.S. Cities

Source: Mark Howard / Getty How Much Income Do You Need to Rent Comfortably in Raleigh? The cost of renting in the U.S. continues to rise, and many Americans are wondering just how much they need to earn to live comfortably. According to a recent report by Zillow, the average American renter now needs to earn $80,949 per year to afford a standard rental property. That’s a big jump from just five years ago, when renters needed around $60,000 annu…