Rents are above 33% of median wages in most cities in the country. http://www.nytimes.com/2014/04/15/business/more-renters-find-30-affordability-ratio-unattain

Rents are above 33% of median wages in most cities in the country. http://www.nytimes.com/2014/04/15/business/more-renters-find-30-affordability-ratio-unattainable.html http://www.nytimes.com/2014/04/15/business/more-renters-find... You can surely get by on $40k a year. With my Master's Degree in Social Work from one of the best schools in the country, my best paying jobs were about $33k, but 2 bedroom apartments for $350 are gonna be hard to come by.