ST. LOUIS — None of the 50 most populous U.S. metros are affordable for minimum-wage workers seeking a one-bedroom apartment, according to a new report released Tuesday.
St. Louis is the most affordable metro among those studied, but a minimum-wage worker there still cannot comfortably afford housing under recommended guidelines.
The report, from Best Interest Financial and Clever Real Estate, measured affordability using the 30% rule. This guideline states a household should spend no more than 30% of its gross monthly income on housing…