We all know rent is high in Texas. Here's how much you need to make in an hour to afford an apartment.
The most expensive counties in the state are all around the Austin area with Travis County needing a wage of $27.90 per hour to pay for housing.Real estate expert discusses rising cost of renting
Record high apartment rents in the DFW area show no signs of easing. Professor Julie Lynch, an associate director of the Weitzman Institute for Real Estate at UT Dallas talks to Good Day about the shocking figure. Average rental rates are up 16 percent from last November to this November. The state's minimum wage is currently $7.25 per hour. At that wage, employees would have to work 124 per week to afford a 2-bedroom rental at Out of Reach's Fair Market Rent.
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