Millennials can't afford to pay rent in these California cities because of the renter wage gap

Abstract

L.A. has the biggest rent wage gap for millennials, followed by San Diego in third place, San Francisco in fifth, San Jose in seventh, Riverside in eighth and Sacramento in 12th. The median rent for a one-bedroom was about $1,814; about 35.6% of millennials in the city were renters. San Diego also had a lofty millennial renter wage gap at minus 39.9%. The average cost of the one- bedroom. The Average wage millennials will need to have to make was $41,720. The renter median wage was $43,000. “We have a massive constituency that has no representation at all,” said Shanti Singh, the renter advocacy group Tenants Together.