Affordable

What Salary Do You Need to Live in Del Rey?

To afford a 2-bedroom in Del Rey, you need to earn at least $33,720/year based on estimated fair market rent data. The median household income here is $48,897, which means the typical resident is $15,177 above the threshold.

Census ACS Data Pop. 1,491

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$590	$1,967	$23,600	$-25,297
1 Bedroom	$700	$2,333	$28,000	$-20,897
2 Bedroom BENCHMARK	$843	$2,810	$33,720	$-15,177
3 Bedroom	$1,028	$3,427	$41,120	$-7,777
4 Bedroom	$1,265	$4,217	$50,600	+$1,703

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$48,897

Annual household

2BR Required Salary

$33,720

Under 30% rule

Income Gap

+$15,177

Surplus

Verdict

Affordable

Ratio: 20.7%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Del Rey

Your Annual Salary

Pre-filled with Del Rey's median household income

Max monthly rent you can afford$1,222

Studio

$590/mo

1 BR

$700/mo

2 BR

$843/mo

3 BR

$1,028/mo

4 BR

$1,265/mo

Your salary is $0 above the median income in Del Rey.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Del Rey

Living in Del Rey is well within reach for most median-income earners. With a $15,177 cushion between what residents earn and what a 2-bedroom requires, households in Del Rey typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Del Rey, a studio at $590/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,028/month remains accessible for dual-income households earning above $41,120.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $50,580 would position you well — though many residents in Del Rey 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 Del Rey, California.

With a total population of 1,491, the city supports an active civilian workforce of 610 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $33,720 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

610

Active civilian employees in Del Rey

Frequently Asked Questions About Renting in Del Rey

What salary do I need to live in Del Rey, California?

To afford a 2-bedroom in Del Rey under the 30% rule, you need an annual salary of at least $33,720. The median household income in Del Rey is $48,897.

Can I afford a 2-bedroom in Del Rey on $48,897?

The affordability verdict for Del Rey is "Affordable". The rent-to-income ratio is 20.7%, meaning median earners have a $15,177 surplus.

What is the average rent in Del Rey compared to median income?

The median gross rent in Del Rey is $700/month. With a median household income of $48,897, residents spend approximately 20.7% of their income on rent.

What salary do I need for a studio in Del Rey?

A studio in Del Rey rents for approximately $590/month. Under the 30% rule, you need an annual salary of $23,600 to afford this.

Is Del Rey considered an affordable place to live?

Based on the surplus of $15,177 and an affordability verdict of "Affordable", Del Rey is considered a affordable rental market when comparing the required 2-bedroom salary of $33,720 to the local median household income.

How Del Rey Compares

Other cities in California with salary requirements