[baron816]

The article starts out talking about median rents, but the data they use is based on something called Fair Market Rent. There’s a link in there explain it.

[throwaway98434]

FMR is a close to median value. From the linked definition:

"The FMR is the 40th percentile of gross rents for typical, non-substandard rental units occupied by recent movers in a local housing market"

Minimum wage is not a 40th percentile income.