Renting in the Bay Area on a minimum wage salary? You’ll need at least 3 jobs

Trying to rent a two-bedroom, Bay Area apartment on a minimum-wage salary? You’ll need to hold down at least three full-time jobs to make it happen.

Assuming a full-time job requires 40 hours a week, that would leave them eight hours a week — to sleep. The report, done annually, bases its calculations on the “fair market rent” for an area, which is slightly less than the median price for a unit of standard quality. The rent for a two-bedroom unit in San Francisco, San Mateo and Marin counties is $3,198. It’s $2,274 in Alameda and Contra Costa counties, and $2,868 in Santa Clara County.

, according to this year’s report. But as inflation drives up the cost of food and other essential items, and gas prices soar, many struggling tenants are left making difficult decisions about whether to pay rent or buy the groceries they need, Yentel said.

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San Francisco Bay Area Housing Prices: Largest Drop on RecordHousing prices in the San Francisco Bay Area dropped 7% from May to June 2022, their largest drop on record since records have been kept. Lots. Why tf do you think real estate is so expensive there, idjeets?
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