Affordable

What Salary Do You Need to Live in Odell?

To afford a 2-bedroom in Odell, you need to earn at least $49,640/year based on estimated fair market rent data. The median household income here is $62,292, which means the typical resident is $12,652 above the threshold.

Census ACS Data Pop. 909

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$869	$2,897	$34,760	$-27,532
1 Bedroom	$1,030	$3,433	$41,200	$-21,092
2 Bedroom BENCHMARK	$1,241	$4,137	$49,640	$-12,652
3 Bedroom	$1,514	$5,047	$60,560	$-1,732
4 Bedroom	$1,862	$6,207	$74,480	+$12,188

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$62,292

Annual household

2BR Required Salary

$49,640

Under 30% rule

Income Gap

+$12,652

Surplus

Verdict

Affordable

Ratio: 23.9%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Odell's median household income

Max monthly rent you can afford$1,557

Studio

$869/mo

1 BR

$1,030/mo

2 BR

$1,241/mo

3 BR

$1,514/mo

4 BR

$1,862/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Odell

Living in Odell is well within reach for most median-income earners. With a $12,652 cushion between what residents earn and what a 2-bedroom requires, households in Odell typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Odell, a studio at $869/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,514/month remains accessible for dual-income households earning above $60,560.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $74,460 would position you well — though many residents in Odell 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 Odell, Illinois.

With a total population of 909, the city supports an active civilian workforce of 379 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $49,640 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

379

Active civilian employees in Odell

Frequently Asked Questions About Renting in Odell

What salary do I need to live in Odell, Illinois?

To afford a 2-bedroom in Odell under the 30% rule, you need an annual salary of at least $49,640. The median household income in Odell is $62,292.

Can I afford a 2-bedroom in Odell on $62,292?

The affordability verdict for Odell is "Affordable". The rent-to-income ratio is 23.9%, meaning median earners have a $12,652 surplus.

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

The median gross rent in Odell is $1,030/month. With a median household income of $62,292, residents spend approximately 23.9% of their income on rent.

What salary do I need for a studio in Odell?

A studio in Odell rents for approximately $869/month. Under the 30% rule, you need an annual salary of $34,760 to afford this.

Is Odell considered an affordable place to live?

Based on the surplus of $12,652 and an affordability verdict of "Affordable", Odell is considered a affordable rental market when comparing the required 2-bedroom salary of $49,640 to the local median household income.

How Odell Compares

Other cities in Illinois with salary requirements