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Nearly half of renters can’t afford rent | Preston Citizen

Nearly half of renters can’t afford rent

June 29, 2013
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BY CITIZEN STAFF 

Nearly half of Franklin County residents who are renters – 45 percent according to the U.S. Census Bureau – cannot afford to pay fair market rent for a two-bedroom apartment.

WILLOW VALLEY 6X4.5

That’s based on a price of $622 a month, said a poverty report recently released for the state’s 44 counties by Community Action of Idaho. It noted that an hourly wage of $11.96 would be needed to afford that rent. Someone working a minimum wage job at $7.25 an hour would need to work 86 hours a week just to pay that rent, the report said.

This story is sponsored by Willow Valley Urgent Care Clinic.

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