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The salary you need to afford rent in the 15 largest U.S. cities

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New York, New York
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Rental prices are on the rise — and they have reached particularly astonishing heights in major cities.

In a 2016 report, the personal-finance site SmartAsset determines just how much you need to earn to afford the rent on a two-bedroom apartment in the largest U.S. cities.

To calculate the gross income required, the site set the rent-to-income ratio at 28 percent. That percentage is based off of government standards, which define affordability by your not having to spend over 30 percent of your income on housing-related expenses.

Read on to see how much you would have to make before taxes to afford the rent in 15 of the biggest U.S. cities. We have also included the percent change of average rents from 2015 to 2016, provided by SmartAsset, to give you an idea of how much rent is increasing in each city.

The cities are listed in ascending order based on the income required to live there.

Detroit, Michigan

Average cost of renting a two-bedroom in 2016: $886 per month

Percent change from 2015: 7.7%

Income needed to pay rent: $37,971

Skyline of Detroit
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Phoenix, Arizona

Average cost of renting a two-bedroom in 2016: $1,162 per month

Percent change from 2015: 10.4%

Income needed to pay rent: $49,800

Phoenix, Arizona skyline
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Riverside, California

Average cost of renting a two-bedroom in 2016: $1,239 per month

Percent change from 2015: 4.6%

Income needed to pay rent: $53,100

Riverside, California
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Houston, Texas

Average cost of renting a two-bedroom in 2016: $1,376 per month

Percent change from 2015: 2.3%

Income needed to pay rent: $58,971

Houston, Texas.
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Atlanta, Georgia

Average cost of renting a two-bedroom in 2016: $1,416 per month

Percent change from 2015: 3.5%

Income needed to pay rent: $62,614

Atlanta, Georgia.
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Dallas, Texas

Average cost of renting a two-bedroom in 2016: $1,463 per month

Percent change from 2015: 10.2%

Income needed to pay rent: $62,700


Dallas, Texas.
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Philadelphia, Pennsylvania

Average cost of renting a two-bedroom in 2016: $1,519 per month

Percent change from 2015: -0.5%

Income needed to pay rent: $65,100


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Chicago, Illinois

Average cost of renting a two-bedroom in 2016: $1,775 per month

Percent change from 2015: 1.7%

Income needed to pay rent: $76,071


Chicago skyline, during the holiday season
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Miami, Florida

Average cost of renting a two-bedroom in 2016: $2,107 per month

Percent change from 2015: 8.7%

Income needed to pay rent: $90,300


Seaport in Miami, Florida
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Seattle, Washington

Average cost of renting a two-bedroom in 2016: $2,293 per month

Percent change from 2015: 7.3%

Income needed to pay rent: $98,271


Seattle, Washington
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Washington, D.C.

Average cost of renting a two-bedroom in 2016: $2,783 per month

Percent change from 2015: 3.7%

Income needed to pay rent: $119,271


Washington, D.C.
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Boston, Massachusetts

Average cost of renting a two-bedroom in 2016: $2,821 per month

Percent change from 2015: -0.2%

Income needed to pay rent: $120,900


Boston waterfront
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Los Angeles, California

Average cost of renting a two-bedroom in 2016: $3,398 per month

Percent change from 2015: 17.1%

Income needed to pay rent: $145,629


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New York, New York

Average cost of renting a two-bedroom in 2016: $3,692 per month

Percent change from 2015: -0.1%

Income needed to pay rent: $158,229


Many e-commerce brands are getting a start in New York's SoHo neighborhood before expanding elsewhere across the U.S.
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San Francisco, California

Average cost of renting a two-bedroom in 2016: $5,043 per month

Percent change from 2015: 7.4%

Income needed to pay rent: $216,129

San Francisco
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