Here’s how much you need to earn to rent a 2-bedroom apartment in 15 of America’s biggest cities

Los Angeles

Anton_Ivanov/Shutterstock …

One-third of Americans overpay for housing, and renters have it the worst .In fact, almost half spend over 30% of their incomes on rent, exceeding the standard measure of affordability, according to the 2017 State of the Nation’s Housing report, published by the Joint Center for Housing Studies of Harvard University.

In addition to transportation and food, housing is one of the biggest expenses Americans have. Cutting back on these things could mean more savings in the bank and even a ticket to early retirement.

In its latest report , SmartAsset calculated the income needed to afford rent in 15 major US cities. That is, the salary a household must earn to spend a comfortable 28% of its income on rent for a two-bedroom apartment. Rent prices were pulled from RENTCafe ‘s January 2017 report.

Below, check out how much you need to earn to pay rent in San Francisco, New York, Boston, and 12 more of America’s major metro areas.

[Source”cnbc”]

Report: 94-hour workweek required at minimum wage to afford 2-bedroom apartment in Utah

Larry Darden poses for a portrait in his home at the Lowell Apartments in Salt Lake City on Wednesday, June 14, 2017. Darden, who has been in his current apartment for a year and a half, had issues previously with finding affordable housing and suffered from unsafe living conditions.

SALT LAKE CITY — Before Larry Darden moved out in early 2016, he “was afraid to go to sleep at night” in his downtown Salt Lake apartment.

Roaches infested the place. There were attempted break-ins. Darden never felt comfortable or secure.

“It was very, very unsafe at my last address,” Darden says.

Despite the deplorable conditions, Darden was hundreds of dollars per month short of being able to consistently afford his apartment.

But after his applications for a place elsewhere were met with repeated rejections due to his prior criminal record, Darden was given a lifeline. He was able to get in at the Lowell Apartments, a low-income affordable housing complex at 233 E. 700 South managed by the Utah Nonprofit Housing Corp.

“Once I moved from there into here, it was like moving into paradise,” Darden told the Deseret News while proudly giving a tour of his one-bedroom apartment.

Larry Darden looks on while in his home at the Lowell Apartments in Salt Lake City on Wednesday, June 14, 2017. Darden, who has been in his current apartment for a year and a half, had issues previously with finding affordable housing and suffered from unsafe living conditions. | Alex Goodlett, Deseret News

But even the Lowell Apartments took nearly a year to get Darden in — largely because of the overwhelming demand in Salt Lake City for affordable housing for low-income residents. Darden knows how fortunate he is.

“Here, it’s quiet, it’s respectful. There’s no problems, it’s a great place to lay your head in,” Darden said. “It’s very, very hard to find a place like this.”

The standard rent at the Lowell Apartments is a below-market rate of $575 per month — a few hundred dollars less than he was paying — and there is flexibility on top of that. Darden works as a residential assistant there to earn the remaining amount he cannot pay.

Sponsored

University of Utah Health

| Brandview

How to stay cool when it comes to hot flashes

Many other Utahns who could use affordable housing are not as lucky. Officials estimate the state has a shortage of 43,000 affordable units. For those who simply can’t get in, the mainstream housing market has their way with them.

And that market has not been kind to low-income Utahns.

According to new data published by the National Low Income Housing Coalition, a person or household earning minimum wage must work 76 hours per week in order to reasonably afford a one-bedroom apartment at the fair market rate in Utah.

By the same metric, affording a two-bedroom apartment in Utah would require working 94 hours per week at minimum wage, the organization reported.

At just 40 hours per week, the lowest wage that could afford a two-bedroom apartment in Utah is $17.02 per hour on average, states the report, published June 8 and titled “Out of Reach: The High Cost of Housing.”

That places Utah near the middle of the road in the United States, with the 25th lowest such required wage, the National Low Income Housing Coalition said. Minimum wage in Utah is $7.25.

The findings indicate that minimum-wage workers must choose between working exorbitant hours or spending a very high and exceptionally risky portion of their income on housing, the report authors believe.

“A severely (rent) cost-burdened household is often one unexpected bill away from losing their home,” housing coalition spokeswoman Lisa Marlow said in an email, citing a medical bill or a car repair as examples. “One emergency puts them behind in paying for their housing. Families in this situation are likely to experience greater stress (and) poorer health.”

There are 276,708 renter households in Utah, accounting for about 31 percent of all residences in the state. According to the report, at 40 hours of work each week, the household earning the average wage of a Utah renter — $13.26 per hour — could reasonably afford $689 per month in rent. The average fair market rate for a two-bedroom apartment in Utah is $885 per month; it’s $716 per month for a one-bedroom apartment.

The housing coalition based its findings on the U.S. Department of Housing and Urban Development’s calculation of fair market rent rates in every American county and metropolitan area. The fair market rate is considered “what a family moving today could expect to pay for a modest apartment or rental home in the area,” Marlow said.

Following the same methodology of the federal government, the organization defines housing as affordable when household members use less than 30 percent of their income to pay for it. Households above that threshold are considered significantly cost-burdened by housing, while those who pay for it with more than 50 percent of their income are considered severely cost-burdened.

A factor in homelessness

Unaffordable housing strongly increases the chances of a minimum-wage worker being evicted and potentially becoming homeless, according to Marlow.

“Homelessness is the direct result of the affordable rental housing shortage,” she said. “We have learned from a growing collection of studies that stable, affordable housing has positive outcomes regarding health, education and employment.”

Glenn Bailey, executive director of the Crossroads Urban Center, which runs a food pantry and thrift store serving needy populations, said a clear line can be drawn between a lack of affordable housing and homelessness.+

[Source”GSmerena”]

Cozy Apartment in Kiev Center by Diff.Studio

kiev-apartment-diff-studio-1

Ukrainian designers Iryna Dzhemesiuk and Vitaliy Yurov from Diff.Studio sent us their new project located in Kiev, Ukraine – luxury and cozy apartment interior.

The main feature of this space is the complete missing of partitions in the second level of the apartment. That is why the zoning deserves special attention. The interior is made in neutral tones with the primary focus on the play of textures. We abundantly used different types of wood while decorating walls as well as pieces of furniture — this gave the interior a certain unique charm. The walls were decorated with unique crafted fabric panels made by hand weaving. Spacious and comfortable interior invites to communicate and relax.

Components:
Furniture: B&B Italia, Moooi, Lema, Rimadesio, Arketipo
Lighting: Davide Groppi, Delta Light, E15, Northernlighting, Fontana Arte
Kitchen: Poliform

Project features:
– natural materials and textures contribute to ethnic coloration
– new ways of using fabric and iron materials
– expressive lines and a bright contrast to manifest unique personality

 

 

 

[Source:- Interiorzine]

Urban Apartment in Busy Moscow by Ruetemple

small-contemporary-apartment-moscow-1

Small, contemporary apartment located in busy Moscow, Russia. A place that is young, simple, modern and full of light. This creation of Ruetemple is an excellent example of how small urban dwelling can seem much larger and dynamically modern yet at the same time to possess elegant simplicity and whimsical spirit.

The place features raw concrete ceiling, clear lined architecture and overwhelming witness of a canvas. This combination that emanates contemporary simplicity allows the main design feature of the arrangement to stand out even more. The custom made wooden structure that contains the main living and relaxation area (and the bedroom as well) is as fresh, vital presence in the industrial simplicity of the rest of the design.

The light wood structure is a sculptural construct, smooth and warm, vital and functional at the same time. It features a library, a chill-out platform with pillows and stairs, dynamically intriguing green sofa and of course the sleeping zone – where everything is mild, elegant and simple. Combining all the living functions this wooden construct becomes the heart of the otherwise simple and clear-lined minimalism of the urban apartment.

Small touches of fresh, living greenery intrude the sense of home and coziness in the otherwise industrial combinations. Modern spirit and young dynamic inspire all the design elements of the place: from the lighting scheme to the kitchen’s minimalism and functional arrangement. The bathroom features trendy darkness and raw materials palette. And the corridor is like a club entrance- a long stretch that can lead you anywhere you can imagine. Reflecting the young owner’s lifestyle choices in combination with unique design features this small apartment decor is an intriguing representation of modern urban life and smart innovative design.

 

 

 

[Source:- Interiorzine]

Amazingly Functional Apartment Pujades11 in Barcelona

apartment-pujades-11-barcelona-2

We always had a “soft spot” for contemporary Barcelona interior design. This new project of StudioP10 andMiel Arquitectos presents us with a luminous, fresh and cheerful ambiance that through stretching the apartment’s physical dimensions and limits and utilizing clever quirks offers not only vibrant decor but also amazingly functional layout.

The luminous and light sensation of this interior comes not only from the whiteness of the color base canvas, or the light wood that is in such an abundance: on floors, furniture, fittings and even ceiling beams; but also from the bright lighting scheme of the apartment, both as natural illumination and fashionable lamps’ compositions. The kitchen offers the tranquil ambiance of well-arranged space – mild colors and soft surfaces, vitalized by the vibrant blue of the tile structure and those color combinations are supplemented by a thin yellow thread that is a very cute addition.

The bathrooms of this small urban apartment also definitely deserve special attention one of them – the guest bathroom is cleverly illuminated from multiple spouses, the other offers spa-like experience with the lush greenery introduced in the composition- bout poses the master arrangement of the tile decoration characteristic for the whole apartment.

All together the home arrangement is welcoming, tranquil and elegant with the necessary playful and artistic twist (thanks to the tile parents and the fashionable lamp and furniture choices) and it offers and urban refuge for relaxation or enjoinment with close friends very bohemian, very Barcelona like.  Photography by Asier Rua.

 

 

 

[Source:- Interiorzine]

 

Urban Apartment in Busy Moscow by Ruetemple

small-contemporary-apartment-moscow-8

Small, contemporary apartment located in busy Moscow, Russia. A place that is young, simple, modern and full of light. This creation of Ruetemple is an excellent example of how small urban dwelling can seem much larger and dynamically modern yet at the same time to possess elegant simplicity and whimsical spirit.

The place features raw concrete ceiling, clear lined architecture and overwhelming witness of a canvas. This combination that emanates contemporary simplicity allows the main design feature of the arrangement to stand out even more. The custom made wooden structure that contains the main living and relaxation area (and the bedroom as well) is as fresh, vital presence in the industrial simplicity of the rest of the design.

The place features raw concrete ceiling, clear lined architecture and overwhelming witness of a canvas. This combination that emanates contemporary simplicity allows the main design feature of the arrangement to stand out even more. The custom made wooden structure that contains the main living and relaxation area (and the bedroom as well) is as fresh, vital presence in the industrial simplicity of the rest of the design.

 

 

[Source:- Interiorzine]

Modern Design for Compact Apartment in Multicultural Shanghai

compact-apartment-shanghai-5

When the Asian love towards sophisticated minimalism entwines with contemporary ingenuity and elegant functionality, the result is unique and quite intriguing. Is it possible to have a charming home that is so small – only 37 square meters, but still possesses all the features for comfortable urban lifestyle?

 

The architects from Atelier Mearc achieved this difficult task with their modern apartment project located in Shanghai, China. Although the interior decor has almost no furniture – in the traditional sense: the clever bespoke fittings, hidden compartment, and unusual solutions provide all the necessary comfort and factionalism for dynamic modern life.

The material combination of warm wood and fragile glass composes an amazing and tranquil ambiance with a hint of bold, playful character and ensures the impression of boundless spaciousness. Young and elegant the decor composition with its clear lines and delicate combinations offers unique experience – a mix between modern and classic, cozy comfort and playful dynamics.

 

 

[Source: Interiorzine]

Build a “Fake TV” Burglar Deterrent for When You’re on Vacation

Most burglars are only interested in a place when it’s obvious that there is nobody home. If you’re going on vacation, this DIY build makes it look like there’s always someone home watching TV, without you having to actually run your TV the whole time.

There are products out there that are designed for this same purpose, but most cost least $25. This build from Instructables user JonBush would probably cost you much less to build and it’s far more customizable. Using an AT Tiny 85and some NeoPixels, the device flashes lights toward some blinds or curtains to make it look exactly like a TV being watched in the living room. This will use less power than a TV, and you can setup some power outlet timers so it only runs at night. For the complete guide and code, check out the link below.

 

 

[Source: Lifehacker]

Young Bachelor Apartment in Rio de Janeiro

apartment-rio-de-janeiro-studio-ro-ca-7

While composing the decor of this apartment in Rio de Janeiro the designers from studio ro+ca were searching for a fusion between near – the beach chill vibe and dynamic urban experience. In this project, created for a young bachelor, they achieved that by juxtaposing the robust concrete presence and exposed brick structures to the playfully colored soft textures, modern finishing and contrasting color palette.

Although the apartment is small and hence, boundless, the division between functional zones comes from the clever usage of different colors, shapes, and textural approaches. The kitchen-dinning area is decided in the composition of shining black surfaces and modernly shaped and bright yellow furniture and details and is successfully distinguished by the much more mild and soft arrangement of the living room.

The pastel colors palette that composes the soft – siting premise brings serene and chill atmosphere to the otherwise dynamic decor composition. The combination of playful, urban and sports details that adorn the premises is giving the observer a hint of its inhabitant- young, energetic and bachelor. Street signs, model cars, collector’s items coexist artistically with beautiful contemporary design pieces of furniture and lighting solutions. This small city-dwelling is an essence of modern single life- colorful, playful and dynamic.

 

 

[Source: Interiorzine]