Do you earn enough money to afford a 2-bedroom rental in Philadelphia?


Limiting the cost of housing to no more than 30 percent of your budget is a well-known principle – even serving as a demarcation for government agencies. When it comes to renters in Philadelphia, how much money do they need to earn to responsibly afford the average cost of a two-bedroom apartment in the city?

It turns out, according to a recent report, the average cost of a two-bedroom in the city warrants an annual income of $71,657 dollars – the 11th highest yearly wage of the largest U.S.…

Previous Seafood market to open inside new Raleigh food hall
Next Real Estate Digest: 23-acre Alameda development site up for grabs, San Mateo apartments lease up fast, Oakland has too much vacant land and more