Affordable

What Salary Do You Need to Live in Lime Springs?

To afford a 2-bedroom in Lime Springs, you need to earn at least $25,920/year based on estimated fair market rent data. The median household income here is $64,167, which means the typical resident is $38,247 above the threshold.

Census ACS Data Pop. 443

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$454	$1,513	$18,160	$-46,007
1 Bedroom	$538	$1,793	$21,520	$-42,647
2 Bedroom BENCHMARK	$648	$2,160	$25,920	$-38,247
3 Bedroom	$791	$2,637	$31,640	$-32,527
4 Bedroom	$972	$3,240	$38,880	$-25,287

Affordability Breakdown

Where the required salary line crosses above Lime Springs'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

$25,920

Under 30% rule

Income Gap

+$38,247

Surplus

Verdict

Affordable

Ratio: 12.1%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Lime Springs

Your Annual Salary

Pre-filled with Lime Springs's median household income

Max monthly rent you can afford$1,604

Studio

$454/mo

1 BR

$538/mo

2 BR

$648/mo

3 BR

$791/mo

4 BR

$972/mo

Your salary is $0 above the median income in Lime Springs.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Lime Springs

Lime Springs, 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 $25,920 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $38,247 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Lime Springs, a studio at $454/month offers an even more aggressive savings rate. Even a 3-bedroom at $791/month remains accessible for dual-income households earning above $31,640.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $38,880 would position you well — though many residents in Lime Springs 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 Lime Springs, Iowa.

With a total population of 443, the city supports an active civilian workforce of 227 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $25,920 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

227

Active civilian employees in Lime Springs

Frequently Asked Questions About Renting in Lime Springs

What salary do I need to live in Lime Springs, Iowa?

To afford a 2-bedroom in Lime Springs under the 30% rule, you need an annual salary of at least $25,920. The median household income in Lime Springs is $64,167.

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

The affordability verdict for Lime Springs is "Affordable". The rent-to-income ratio is 12.1%, meaning median earners have a $38,247 surplus.

What is the average rent in Lime Springs compared to median income?

The median gross rent in Lime Springs is $538/month. With a median household income of $64,167, residents spend approximately 12.1% of their income on rent.

What salary do I need for a studio in Lime Springs?

A studio in Lime Springs rents for approximately $454/month. Under the 30% rule, you need an annual salary of $18,160 to afford this.

Is Lime Springs considered an affordable place to live?

Based on the surplus of $38,247 and an affordability verdict of "Affordable", Lime Springs is considered a affordable rental market when comparing the required 2-bedroom salary of $25,920 to the local median household income.

How Lime Springs Compares

Other cities in Iowa with salary requirements