Affordable

What Salary Do You Need to Live in Odin?

To afford a 2-bedroom in Odin, you need to earn at least $34,120/year based on estimated fair market rent data. The median household income here is $41,010, which means the typical resident is $6,890 above the threshold.

Census ACS Data Pop. 960

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$597	$1,990	$23,880	$-17,130
1 Bedroom	$708	$2,360	$28,320	$-12,690
2 Bedroom BENCHMARK	$853	$2,843	$34,120	$-6,890
3 Bedroom	$1,041	$3,470	$41,640	+$630
4 Bedroom	$1,280	$4,267	$51,200	+$10,190

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$41,010

Annual household

2BR Required Salary

$34,120

Under 30% rule

Income Gap

+$6,890

Surplus

Verdict

Affordable

Ratio: 25.0%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Odin's median household income

Max monthly rent you can afford$1,025

Studio

$597/mo

1 BR

$708/mo

2 BR

$853/mo

3 BR

$1,041/mo

4 BR

$1,280/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Odin

Living in Odin is well within reach for most median-income earners. With a $6,890 cushion between what residents earn and what a 2-bedroom requires, households in Odin typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Odin, a studio at $597/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,041/month remains accessible for dual-income households earning above $41,640.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $51,180 would position you well — though many residents in Odin 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 Odin, Illinois.

With a total population of 960, the city supports an active civilian workforce of 407 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $34,120 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

407

Active civilian employees in Odin

Frequently Asked Questions About Renting in Odin

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

To afford a 2-bedroom in Odin under the 30% rule, you need an annual salary of at least $34,120. The median household income in Odin is $41,010.

Can I afford a 2-bedroom in Odin on $41,010?

The affordability verdict for Odin is "Affordable". The rent-to-income ratio is 25.0%, meaning median earners have a $6,890 surplus.

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

The median gross rent in Odin is $708/month. With a median household income of $41,010, residents spend approximately 25.0% of their income on rent.

What salary do I need for a studio in Odin?

A studio in Odin rents for approximately $597/month. Under the 30% rule, you need an annual salary of $23,880 to afford this.

Is Odin considered an affordable place to live?

Based on the surplus of $6,890 and an affordability verdict of "Affordable", Odin is considered a affordable rental market when comparing the required 2-bedroom salary of $34,120 to the local median household income.

How Odin Compares

Other cities in Illinois with salary requirements