[bleakcabal]

It's afford to rent not afford to own. There are people with full time jobs living out of cars.

I'm sure at 100k you can afford to rent a one room apartment.

[atemerev]

Yes, of course. OK, renting is another story.

[hackerman12345]

Americans use the word apartment as something that is rented. You don't buy an apartment, well unless you're a landlord. It's owned by somebody else.

I think the way you are using the word is our "condo", perhaps.