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Department for Communities and Local Government figures estimate that the average renter pays £160 a week in England.
For the average renter however, the consequences could be detrimental.
Before Katrina the average renter spent 19percentt of its income on rent.
The average renter makes only $14.15 per hour, according to a report released last week by the National Low Income Housing Coalition.
That's because the average renter needs to earn at least $18.25 per hour to be able to rent a two-bedroom apartment and have cash left over for other expenses.
As the report also acknowledges, the paired testers who were sent out to look for apartments were prepped to be undeniably qualified for the units they were applying for, which may not always reflect the experience of the average renter.
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The average rent is $922.
The average rent for the area is $3,775.
The average rent is 75% of average earnings.
But where in the world does the average rent most outweigh the average salary?
The average rent in the Flatiron District is $29 a square foot, Newmark said.
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CEO of Professional Science Editing for Scientists @ prosciediting.com