Affordable

What Salary Do You Need to Live in Lone Rock?

To afford a 2-bedroom in Lone Rock, you need to earn at least $30,920/year based on estimated fair market rent data. The median household income here is $57,857, which means the typical resident is $26,937 above the threshold.

Census ACS Data Pop. 114

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$541	$1,803	$21,640	$-36,217
1 Bedroom	$642	$2,140	$25,680	$-32,177
2 Bedroom BENCHMARK	$773	$2,577	$30,920	$-26,937
3 Bedroom	$943	$3,143	$37,720	$-20,137
4 Bedroom	$1,160	$3,867	$46,400	$-11,457

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$57,857

Annual household

2BR Required Salary

$30,920

Under 30% rule

Income Gap

+$26,937

Surplus

Verdict

Affordable

Ratio: 16.0%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Lone Rock

Your Annual Salary

Pre-filled with Lone Rock's median household income

Max monthly rent you can afford$1,446

Studio

$541/mo

1 BR

$642/mo

2 BR

$773/mo

3 BR

$943/mo

4 BR

$1,160/mo

Your salary is $0 above the median income in Lone Rock.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Lone Rock

Lone Rock, Iowa stands out as one of the more financially accessible housing markets in the state. The median household income of $57,857 significantly exceeds the $30,920 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $26,937 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Lone Rock, a studio at $541/month offers an even more aggressive savings rate. Even a 3-bedroom at $943/month remains accessible for dual-income households earning above $37,720.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $46,380 would position you well — though many residents in Lone Rock 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 Lone Rock, Iowa.

With a total population of 114, the city supports an active civilian workforce of 58 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $30,920 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

Active civilian employees in Lone Rock

Frequently Asked Questions About Renting in Lone Rock

What salary do I need to live in Lone Rock, Iowa?

To afford a 2-bedroom in Lone Rock under the 30% rule, you need an annual salary of at least $30,920. The median household income in Lone Rock is $57,857.

Can I afford a 2-bedroom in Lone Rock on $57,857?

The affordability verdict for Lone Rock is "Affordable". The rent-to-income ratio is 16.0%, meaning median earners have a $26,937 surplus.

What is the average rent in Lone Rock compared to median income?

The median gross rent in Lone Rock is $642/month. With a median household income of $57,857, residents spend approximately 16.0% of their income on rent.

What salary do I need for a studio in Lone Rock?

A studio in Lone Rock rents for approximately $541/month. Under the 30% rule, you need an annual salary of $21,640 to afford this.

Is Lone Rock considered an affordable place to live?

Based on the surplus of $26,937 and an affordability verdict of "Affordable", Lone Rock is considered a affordable rental market when comparing the required 2-bedroom salary of $30,920 to the local median household income.

How Lone Rock Compares

Other cities in Iowa with salary requirements