Affordable

What Salary Do You Need to Live in Cambridge City?

To afford a 2-bedroom in Cambridge City, you need to earn at least $34,640/year based on estimated fair market rent data. The median household income here is $46,694, which means the typical resident is $12,054 above the threshold.

Census ACS Data Pop. 1,476

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$606	$2,020	$24,240	$-22,454
1 Bedroom	$719	$2,397	$28,760	$-17,934
2 Bedroom BENCHMARK	$866	$2,887	$34,640	$-12,054
3 Bedroom	$1,057	$3,523	$42,280	$-4,414
4 Bedroom	$1,299	$4,330	$51,960	+$5,266

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$46,694

Annual household

2BR Required Salary

$34,640

Under 30% rule

Income Gap

+$12,054

Surplus

Verdict

Affordable

Ratio: 22.3%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Cambridge City

Your Annual Salary

Pre-filled with Cambridge City's median household income

Max monthly rent you can afford$1,167

Studio

$606/mo

1 BR

$719/mo

2 BR

$866/mo

3 BR

$1,057/mo

4 BR

$1,299/mo

Your salary is $0 above the median income in Cambridge City.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Cambridge City

Living in Cambridge City is well within reach for most median-income earners. With a $12,054 cushion between what residents earn and what a 2-bedroom requires, households in Cambridge City typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Cambridge City, a studio at $606/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,057/month remains accessible for dual-income households earning above $42,280.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $51,960 would position you well — though many residents in Cambridge City 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 Cambridge City, Indiana.

With a total population of 1,476, the city supports an active civilian workforce of 754 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $34,640 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

754

Active civilian employees in Cambridge City

Frequently Asked Questions About Renting in Cambridge City

What salary do I need to live in Cambridge City, Indiana?

To afford a 2-bedroom in Cambridge City under the 30% rule, you need an annual salary of at least $34,640. The median household income in Cambridge City is $46,694.

Can I afford a 2-bedroom in Cambridge City on $46,694?

The affordability verdict for Cambridge City is "Affordable". The rent-to-income ratio is 22.3%, meaning median earners have a $12,054 surplus.

What is the average rent in Cambridge City compared to median income?

The median gross rent in Cambridge City is $719/month. With a median household income of $46,694, residents spend approximately 22.3% of their income on rent.

What salary do I need for a studio in Cambridge City?

A studio in Cambridge City rents for approximately $606/month. Under the 30% rule, you need an annual salary of $24,240 to afford this.

Is Cambridge City considered an affordable place to live?

Based on the surplus of $12,054 and an affordability verdict of "Affordable", Cambridge City is considered a affordable rental market when comparing the required 2-bedroom salary of $34,640 to the local median household income.

How Cambridge City Compares

Other cities in Indiana with salary requirements