Illinois: Minimum Wage Needed for Rent

#16 Illinois 

In Illinois, the Fair Market Rent (FMR) for a two-bedroom apartment is $1,085. In order to afford this level of rent and utilities — without paying more than 30% of income on housing — a household must earn $3,617 monthly or $43,406 annually. Assuming a 40-hour work week, 52 weeks per year, this level of income translates into an hourly Housing Wage of: $20.87

Out of Reach 2017, National Low Housing Coalition (NLIHC)

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