STAMFORD — Connecticut is the sixth most expensive state for rental housing, according to a new report. Betsy Crum, executive director of the Connecticut Housing Coalition, says that her group’s "Out of Reach" report shows that the aggregate hourly wage a family must earn for a two-bedroom apartment that costs no more than 30 percent of their annual household income is $23.37 — or just under $49,000 annually. "Around the state of Connecticut they would have to have 2.8 full-time minimum-wage jobs in order to afford that two-bedroom apartment," Crum says. However, rental costs vary widely across the Nutmeg State, with Stamford having the second-highest rates in the country, while Waterbury is Connecticut's most affordable rental market.
Rents Asunder in State