Renting in Washington State is More Expansive Than 10 Years Ago - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Renting in Washington State is More Expansive Than 10 Years Ago

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Are you looking to rent a home in our region? Well the cost might surprise you. Are you looking to rent a home in our region? Well the cost might surprise you.

NBCRightNow.com - According to the National Low-Income Housing Coalition's newest Out of Reach report, in Yakima and the Tri-Cities, you need to make twice what the minimum wage is per month to afford renting a two-bedroom home.

Right now the minimum wage is $9.32, and with the new data, a single renter needs to make almost $19.00 and hour and work 80-hours a week.

The average cost to rent a two-bedroom home in our region is $970.00 a month.

This is double the cost from a decade ago when minimum wage was $7.35.

The report also shows Washington State is the 16th most expensive state to rent in and Oregon ranks as the 24th most expensive.

In Oregon, a single renter needs to make more than $16.00 an hour and work 72 hours a week to rent a two-bedroom home.

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