What Salary Do You Need to Live in Modale?
To afford a 2-bedroom in Modale, you need to earn at least $45,800/year based on estimated fair market rent data. The median household income here is $51,042, which means the typical resident is $5,242 above the threshold.
Salary Required by Bedroom Size
| Bedroom | Monthly Rent | Monthly Income | Annual Salary | vs. Median |
|---|---|---|---|---|
| Studio | $802 | $2,673 | $32,080 | $-18,962 |
| 1 Bedroom | $950 | $3,167 | $38,000 | $-13,042 |
| 2 Bedroom BENCHMARK | $1,145 | $3,817 | $45,800 | $-5,242 |
| 3 Bedroom | $1,397 | $4,657 | $55,880 | +$4,838 |
| 4 Bedroom | $1,718 | $5,727 | $68,720 | +$17,678 |
Affordability Breakdown
Where the required salary line crosses above Modale's median income — housing becomes unaffordable for the typical resident.
Income vs. Rent Snapshot
Median Income
$51,042
Annual household
2BR Required Salary
$45,800
Under 30% rule
Income Gap
+$5,242
Surplus
Verdict
Manageable
Ratio: 26.9%
The 30% Rule Calculator
Enter your annual salary to see what you can afford in Modale
Pre-filled with Modale's median household income
Studio
$802/mo
1 BR
$950/mo
2 BR
$1,145/mo
3 BR
$1,397/mo
4 BR
$1,718/mo
Salary Comparison by Bedroom
Bars left of the marker line are affordable for Modale's median earner. Bars to the right require above-median income.
What This Means If You're Moving to Modale
Renting in Modale, Iowa is doable for median earners, but tight. A 2-bedroom requires roughly $45,800/year under the 30% rule, and with a median income of $51,042, residents are operating close to the threshold.
Downsizing to a 1-bedroom ($950/month) or studio ($802/month) materially improves the math. For those needing more space, a 3-bedroom in Modale pushes the required income to $55,880.
For comfortable living in Modale without financial stress, target a household income of at least $68,700 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Iowa's cost of living.
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 Modale, Iowa.
With a total population of 234, the city supports an active civilian workforce of 90 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $45,800 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
90
Active civilian employees in Modale
Frequently Asked Questions About Renting in Modale
What salary do I need to live in Modale, Iowa?
Can I afford a 2-bedroom in Modale on $51,042?
What is the average rent in Modale compared to median income?
What salary do I need for a studio in Modale?
Is Modale considered an affordable place to live?
How Modale Compares
Other cities in Iowa with salary requirements