Affordable

What Salary Do You Need to Live in Perryville?

To afford a 2-bedroom in Perryville, you need to earn at least $29,160/year based on estimated fair market rent data. The median household income here is $53,929, which means the typical resident is $24,769 above the threshold.

Census ACS Data Pop. 1,302

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$510	$1,700	$20,400	$-33,529
1 Bedroom	$605	$2,017	$24,200	$-29,729
2 Bedroom BENCHMARK	$729	$2,430	$29,160	$-24,769
3 Bedroom	$889	$2,963	$35,560	$-18,369
4 Bedroom	$1,094	$3,647	$43,760	$-10,169

Affordability Breakdown

Where the required salary line crosses above Perryville's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$53,929

Annual household

2BR Required Salary

$29,160

Under 30% rule

Income Gap

+$24,769

Surplus

Verdict

Affordable

Ratio: 16.2%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Perryville

Your Annual Salary

Pre-filled with Perryville's median household income

Max monthly rent you can afford$1,348

Studio

$510/mo

1 BR

$605/mo

2 BR

$729/mo

3 BR

$889/mo

4 BR

$1,094/mo

Your salary is $0 above the median income in Perryville.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Perryville's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Perryville

Perryville, Arkansas stands out as one of the more financially accessible housing markets in the state. The median household income of $53,929 significantly exceeds the $29,160 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $24,769 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Perryville, a studio at $510/month offers an even more aggressive savings rate. Even a 3-bedroom at $889/month remains accessible for dual-income households earning above $35,560.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $43,740 would position you well — though many residents in Perryville manage on less given the favorable rent-to-income dynamics.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Perryville, Arkansas.

With a total population of 1,302, the city supports an active civilian workforce of 491 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $29,160 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

491

Active civilian employees in Perryville

Frequently Asked Questions About Renting in Perryville

What salary do I need to live in Perryville, Arkansas?

To afford a 2-bedroom in Perryville under the 30% rule, you need an annual salary of at least $29,160. The median household income in Perryville is $53,929.

Can I afford a 2-bedroom in Perryville on $53,929?

The affordability verdict for Perryville is "Affordable". The rent-to-income ratio is 16.2%, meaning median earners have a $24,769 surplus.

What is the average rent in Perryville compared to median income?

The median gross rent in Perryville is $605/month. With a median household income of $53,929, residents spend approximately 16.2% of their income on rent.

What salary do I need for a studio in Perryville?

A studio in Perryville rents for approximately $510/month. Under the 30% rule, you need an annual salary of $20,400 to afford this.

Is Perryville considered an affordable place to live?

Based on the surplus of $24,769 and an affordability verdict of "Affordable", Perryville is considered a affordable rental market when comparing the required 2-bedroom salary of $29,160 to the local median household income.

How Perryville Compares

Other cities in Arkansas with salary requirements