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Danbury 10th most expensive rental market in USA

A new national report shows Connecticut is the 8th most expensive state in the country for rental housing.  The Danbury area is 10th most expensive jurisdiction on the list overall.  The Stamford-Norwalk area is the 2nd most expensive in the US, behind only San Francisco. 

 

Connecticut Housing Coalition official Jude Carroll says someone making the $9.15 an hour minimum wage in Connecticut would have to work 84 hours a week to rent a one bedroom or 106 hours for a two bedroom apartment.

 

Carroll says a household needs to earn $24.29 an hour to be able to rent a typical 2 bedroom, or $19.28 an hour for a typical 1 bedroom apartment.