Where Are the Most Exspensive Counties for Renters in North Dakota?
This week the National Low-Income Housing Coalition released a report that breaks down how much you'd have to make per hour or how many hours a household would need to work to rent basic housing in each state.
On the average, nationwide, a person would need to make $19.35 per hour to make ends meet without paying more than 30% of their income for rent. That amount is nearly three times the current federal minimum wage of $7.25. And this is for basic 2 bedroom apartment rental. A one bedroom is somewhat less at $15.50 per hour.
The report, which uses Fair Market Rent figures determined by Department of Housing and Urban Development, sets one-bedroom units at $806 and two-bedrooms at $1,006.
In North Dakota, a person would have to make $14.40 an hour, work a 40 hour work week, for 52 weeks in order to pay for a 2 bedroom rental without paying MORE than 30% of your income for monthly rent. The report also indicated, nationally, most renters are paying more than 30% of their income for rent.
NoDak ranked 38th in the nation.
The most expensive rental counties in N.D. and the hourly rate needed to make ends meet are
- Ward County
Burleigh County and Morton County$14.60