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"Affordability check: if one assumes 1/3 of income is dedicated to housing, how much must a household make to be able to afford the studio: $1,950 * 3 = $5,850 per month, $5,850 * 40% (state, local, federal taxes, social security) = $2,340, $5,850 + $2,340 = $8,190 per month, $8,190 * 12 = $98,280. So without taking into consideration cable, electrical bills, insurance, car, transportation, going out, a single person needs to earn a whopping ninety nine thousand dollars to be able to afford this. For a studio. A studio! Insanity continues."?anon [Rental Update-o-Rama]