NLIHC Releases Annual Housing Affordability Report

NLIHC Releases Annual Housing Affordability Report



The National Low Income Housing Coalition (NLIHC) recently released the 30th anniversary edition of the Out of Reach report. The report documents the gap between renters’ wages and the cost of rental housing throughout the U.S. The national Housing Wage--the hourly wage a full-time worker must earn to afford a rental home at HUD’s fair market rent without spending more than 30 percent of his or her income on housing--is $22.96 for a modest two-bedroom rental home and $18.65 for a one-bedroom rental home.

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