That’s the conclusion of a sweeping national report just out about rental affordability that looked at every state, county and metro area in the country.
And guess what? Minnesota was the worst state in the Midwest when it comes to affordable rents. Minimum-wage workers could least afford modest two-bedroom apartments in Minnesota.
For such workers, it takes working 86 hours a week or working two full-time jobs to afford those rents.
And when it comes to affordability, Carlton County ranked one of the worst in the state. With 62 percent of minimum wage renters unable to afford these apartments, it tied with Winona County for second worse. Only Wadena County was worst with 67 percent.
The report said that statewide, about 54 percent of renters don’t earn enough to afford a two-bedroom apartment at a “fair market rate.” They would have to earn at least $15.50 an hour and work full time to afford it. But the typical renter earns about $12 an hour.
The report was released by the National Low Income Housing Coalition based in Washington D.C.