Unaffordable

What Salary Do You Need to Live in Leadore?

To afford a 2-bedroom in Leadore, you need to earn at least $51,240/year based on estimated fair market rent data. The median household income here is $28,942, which means the typical resident is $22,298 below the threshold.

Census ACS Data Pop. 132

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$897	$2,990	$35,880	+$6,938
1 Bedroom	$1,063	$3,543	$42,520	+$13,578
2 Bedroom BENCHMARK	$1,281	$4,270	$51,240	+$22,298
3 Bedroom	$1,563	$5,210	$62,520	+$33,578
4 Bedroom	$1,922	$6,407	$76,880	+$47,938

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$28,942

Annual household

2BR Required Salary

$51,240

Under 30% rule

Income Gap

-$22,298

Deficit

Verdict

Unaffordable

Ratio: 53.1%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Leadore's median household income

Max monthly rent you can afford$724

Studio

$897/mo

1 BR

$1,063/mo

2 BR

$1,281/mo

3 BR

$1,563/mo

4 BR

$1,922/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Leadore

Leadore, Idaho is one of the most expensive rental markets relative to local incomes. The median household earning $28,942 faces a staggering $22,298 deficit against the $51,240 needed for a 2-bedroom — meaning the typical resident cannot afford market-rate rent under standard financial guidelines.

For those committed to Leadore, the realistic options are: (1) target a studio at $897/month, which requires $35,880/year — closer to the median; (2) find a roommate for a 2-bedroom, cutting individual costs to ~$641/month; or (3) negotiate remote work and live in a more affordable Idaho city.

To live comfortably in Leadore without financial strain, you realistically need a household income of $76,860 or higher. This isn't just about rent — it accounts for Idaho's overall cost of living including transportation, food, and healthcare.

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 Leadore, Idaho.

With a total population of 132, the city supports an active civilian workforce of 58 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $51,240 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

Active civilian employees in Leadore

Frequently Asked Questions About Renting in Leadore

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

To afford a 2-bedroom in Leadore under the 30% rule, you need an annual salary of at least $51,240. The median household income in Leadore is $28,942.

Can I afford a 2-bedroom in Leadore on $28,942?

The affordability verdict for Leadore is "Unaffordable". The rent-to-income ratio is 53.1%, meaning there's a $22,298 income gap.

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

The median gross rent in Leadore is $1,063/month. With a median household income of $28,942, residents spend approximately 53.1% of their income on rent.

What salary do I need for a studio in Leadore?

A studio in Leadore rents for approximately $897/month. Under the 30% rule, you need an annual salary of $35,880 to afford this.

Is Leadore considered an affordable place to live?

Based on the deficit of $22,298 and an affordability verdict of "Unaffordable", Leadore is considered a unaffordable rental market when comparing the required 2-bedroom salary of $51,240 to the local median household income.

How Leadore Compares

Other cities in Idaho with salary requirements