Manageable

What Salary Do You Need to Live in Downey?

To afford a 2-bedroom in Downey, you need to earn at least $41,560/year based on estimated fair market rent data. The median household income here is $43,125, which means the typical resident is $1,565 above the threshold.

Census ACS Data Pop. 806

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$727	$2,423	$29,080	$-14,045
1 Bedroom	$862	$2,873	$34,480	$-8,645
2 Bedroom BENCHMARK	$1,039	$3,463	$41,560	$-1,565
3 Bedroom	$1,268	$4,227	$50,720	+$7,595
4 Bedroom	$1,559	$5,197	$62,360	+$19,235

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$43,125

Annual household

2BR Required Salary

$41,560

Under 30% rule

Income Gap

+$1,565

Surplus

Verdict

Manageable

Ratio: 28.9%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Downey's median household income

Max monthly rent you can afford$1,078

Studio

$727/mo

1 BR

$862/mo

2 BR

$1,039/mo

3 BR

$1,268/mo

4 BR

$1,559/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Downey

Downey is borderline manageable — the difference between required salary and median income is just $1,565. This means most households can technically afford a 2-bedroom, but have very little breathing room for savings or emergencies.

Downsizing to a 1-bedroom ($862/month) or studio ($727/month) materially improves the math. For those needing more space, a 3-bedroom in Downey pushes the required income to $50,720.

For comfortable living in Downey without financial stress, target a household income of at least $62,340 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Idaho's cost of living.

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 Downey, Idaho.

With a total population of 806, the city supports an active civilian workforce of 354 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $41,560 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

354

Active civilian employees in Downey

Frequently Asked Questions About Renting in Downey

What salary do I need to live in Downey, Idaho?

To afford a 2-bedroom in Downey under the 30% rule, you need an annual salary of at least $41,560. The median household income in Downey is $43,125.

Can I afford a 2-bedroom in Downey on $43,125?

The affordability verdict for Downey is "Manageable". The rent-to-income ratio is 28.9%, meaning median earners have a $1,565 surplus.

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

The median gross rent in Downey is $862/month. With a median household income of $43,125, residents spend approximately 28.9% of their income on rent.

What salary do I need for a studio in Downey?

A studio in Downey rents for approximately $727/month. Under the 30% rule, you need an annual salary of $29,080 to afford this.

Is Downey considered an affordable place to live?

Based on the surplus of $1,565 and an affordability verdict of "Manageable", Downey is considered a manageable rental market when comparing the required 2-bedroom salary of $41,560 to the local median household income.

How Downey Compares

Other cities in Idaho with salary requirements