Thursday, August 02, 2018

Rents are relatively low in San Antonio

See Pricey San Francisco apartments can exceed annual pay of Houston renters by Katherine Feser of The Houston Chronicle. The article has a list for 25 large cities. Excerpt:
"Renters need to make $46,500 a year to comfortably afford the average two-bedroom apartment in San Antonio"

"Rents in San Antonio average $1,085 per month, or $13,020 a year, according to SmartAsset, which calculated how much someone would need to earn in each city to spend only 28 percent of their income on rent.

In New York as well, residents would need to make 3 ½ times the salary required to live in San Antonio, Smart-Asset found. To afford the $3,789 a month rent in New York requires an annual salary of $162,386.

San Antonio’s average cost of $1,085 for a two-bedroom unit is among the lowest of the Texas cities ranked.

It’s below the monthly average of $1,324 in Dallas, $1,431 in Austin, $1,205 in Houston and $1,124 in Fort Worth."

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