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  • NBC4 Columbus

    See how much a full-time worker in Ohio needs to make to afford a two-bedroom apartment

    By Ava Boldizar,

    3 hours ago

    https://img.particlenews.com/image.php?url=0lskPy_0uaKncEa00

    COLUMBUS, Ohio ( WCMH ) – Full-time workers in Ohio must make nearly $21 an hour to afford a “modest” two-bedroom apartment in the state, a new report claims.

    The study, by The Coalition on Homelessness and Housing Ohio and the National Low Income Housing Coalition, states Ohioans must make $20.81 an hour while working a full time job to afford a two-bedroom apartment. This is a 9% increase from last year’s report, which stated Ohioans needed to make $19.09 an hour.

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    The analysis states the Fair Market Rent for a two-bedroom apartment in Ohio is $1,082. In order to afford rent and utilities without paying more than 30% of income on housing, a household must earn $3,608 monthly or $43,293 annually.

    Of the 10 jobs with the most employees in the state, only general operations managers and registered nurses earn more than $20.81 an hour, according to the 2024 Out of Reach Ohio report. Fast food workers, stockers, cashiers, retail salespeople, laborers, customer service representatives, assemblers, and home health aides make less than $20 an hour.

    At the state’s current minimum wage of $10.45 an hour, an individual would have to work 80 hours a week, or two full-time jobs, in order to afford a two-bedroom apartment, according to the study.

    In some Ohio cities, the amount a household must earn in order to afford a two-bedroom apartment is higher than the state average. Renters in Ohio’s three biggest cities need to make more than $20.81, the report says.

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    In Columbus, renters must make $25.04; in Cleveland, renters must make $21.31; and in Cincinnati, renters must make $22.98. Union County renters also must make more at $24.04 an hour and Akron renters must make $19.98.

    The report states Ohio landlords filed nearly 108,00 evictions in 2023, more than any year since 2015. At the same time, homelessness in the state grew by 7%.

    Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to NBC4 WCMH-TV.

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