Affordable

What Salary Do You Need to Live in Greeley?

To afford a 2-bedroom in Greeley, you need to earn at least $39,520/year based on estimated fair market rent data. The median household income here is $64,167, which means the typical resident is $24,647 above the threshold.

Census ACS Data Pop. 272

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$692	$2,307	$27,680	$-36,487
1 Bedroom	$820	$2,733	$32,800	$-31,367
2 Bedroom BENCHMARK	$988	$3,293	$39,520	$-24,647
3 Bedroom	$1,205	$4,017	$48,200	$-15,967
4 Bedroom	$1,482	$4,940	$59,280	$-4,887

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$64,167

Annual household

2BR Required Salary

$39,520

Under 30% rule

Income Gap

+$24,647

Surplus

Verdict

Affordable

Ratio: 18.5%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Greeley's median household income

Max monthly rent you can afford$1,604

Studio

$692/mo

1 BR

$820/mo

2 BR

$988/mo

3 BR

$1,205/mo

4 BR

$1,482/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Greeley

Greeley, Iowa stands out as one of the more financially accessible housing markets in the state. The median household income of $64,167 significantly exceeds the $39,520 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $24,647 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Greeley, a studio at $692/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,205/month remains accessible for dual-income households earning above $48,200.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $59,280 would position you well — though many residents in Greeley 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 Greeley, Iowa.

With a total population of 272, the city supports an active civilian workforce of 152 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $39,520 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

152

Active civilian employees in Greeley

Frequently Asked Questions About Renting in Greeley

What salary do I need to live in Greeley, Iowa?

To afford a 2-bedroom in Greeley under the 30% rule, you need an annual salary of at least $39,520. The median household income in Greeley is $64,167.

Can I afford a 2-bedroom in Greeley on $64,167?

The affordability verdict for Greeley is "Affordable". The rent-to-income ratio is 18.5%, meaning median earners have a $24,647 surplus.

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

The median gross rent in Greeley is $820/month. With a median household income of $64,167, residents spend approximately 18.5% of their income on rent.

What salary do I need for a studio in Greeley?

A studio in Greeley rents for approximately $692/month. Under the 30% rule, you need an annual salary of $27,680 to afford this.

Is Greeley considered an affordable place to live?

Based on the surplus of $24,647 and an affordability verdict of "Affordable", Greeley is considered a affordable rental market when comparing the required 2-bedroom salary of $39,520 to the local median household income.

How Greeley Compares

Other cities in Iowa with salary requirements