Stretched

What Salary Do You Need to Live in Sun River Terrace?

To afford a 2-bedroom in Sun River Terrace, you need to earn at least $43,760/year based on estimated fair market rent data. The median household income here is $39,444, which means the typical resident is $4,316 below the threshold.

Census ACS Data Pop. 613

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$766	$2,553	$30,640	$-8,804
1 Bedroom	$908	$3,027	$36,320	$-3,124
2 Bedroom BENCHMARK	$1,094	$3,647	$43,760	+$4,316
3 Bedroom	$1,335	$4,450	$53,400	+$13,956
4 Bedroom	$1,641	$5,470	$65,640	+$26,196

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$39,444

Annual household

2BR Required Salary

$43,760

Under 30% rule

Income Gap

-$4,316

Deficit

Verdict

Stretched

Ratio: 33.3%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Sun River Terrace

Your Annual Salary

Pre-filled with Sun River Terrace's median household income

Max monthly rent you can afford$986

Studio

$766/mo

1 BR

$908/mo

2 BR

$1,094/mo

3 BR

$1,335/mo

4 BR

$1,641/mo

Your salary is $0 above the median income in Sun River Terrace.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Sun River Terrace

Renting in Sun River Terrace is stretched but not impossible. The gap is a relatively narrow $4,316, suggesting that households slightly above median can find workable arrangements — especially with studios at $766/month.

If you're relocating to Sun River Terrace, target the studio or 1-bedroom tier ($766–$908/month) unless your income exceeds $43,760. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $547/month.

The break-even salary for comfortable living in Sun River Terrace is approximately $65,640. Below this threshold, expect housing to consume a disproportionate share of your budget, limiting discretionary spending and savings capacity.

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 Sun River Terrace, Illinois.

With a total population of 613, the city supports an active civilian workforce of 198 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $43,760 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

198

Active civilian employees in Sun River Terrace

Frequently Asked Questions About Renting in Sun River Terrace

What salary do I need to live in Sun River Terrace, Illinois?

To afford a 2-bedroom in Sun River Terrace under the 30% rule, you need an annual salary of at least $43,760. The median household income in Sun River Terrace is $39,444.

Can I afford a 2-bedroom in Sun River Terrace on $39,444?

The affordability verdict for Sun River Terrace is "Stretched". The rent-to-income ratio is 33.3%, meaning there's a $4,316 income gap.

What is the average rent in Sun River Terrace compared to median income?

The median gross rent in Sun River Terrace is $908/month. With a median household income of $39,444, residents spend approximately 33.3% of their income on rent.

What salary do I need for a studio in Sun River Terrace?

A studio in Sun River Terrace rents for approximately $766/month. Under the 30% rule, you need an annual salary of $30,640 to afford this.

Is Sun River Terrace considered an affordable place to live?

Based on the deficit of $4,316 and an affordability verdict of "Stretched", Sun River Terrace is considered a stretched rental market when comparing the required 2-bedroom salary of $43,760 to the local median household income.

How Sun River Terrace Compares

Other cities in Illinois with salary requirements