Affordable

What Salary Do You Need to Live in Delano?

To afford a 2-bedroom in Delano, you need to earn at least $48,760/year based on estimated fair market rent data. The median household income here is $105,766, which means the typical resident is $57,006 above the threshold.

Census ACS Data Pop. 6,539

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$853	$2,843	$34,120	$-71,646
1 Bedroom	$1,012	$3,373	$40,480	$-65,286
2 Bedroom BENCHMARK	$1,219	$4,063	$48,760	$-57,006
3 Bedroom	$1,487	$4,957	$59,480	$-46,286
4 Bedroom	$1,829	$6,097	$73,160	$-32,606

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$105,766

Annual household

2BR Required Salary

$48,760

Under 30% rule

Income Gap

+$57,006

Surplus

Verdict

Affordable

Ratio: 13.8%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Delano's median household income

Max monthly rent you can afford$2,644

Studio

$853/mo

1 BR

$1,012/mo

2 BR

$1,219/mo

3 BR

$1,487/mo

4 BR

$1,829/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Delano

Delano, Minnesota stands out as one of the more financially accessible housing markets in the state. The median household income of $105,766 significantly exceeds the $48,760 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $57,006 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Delano, a studio at $853/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,487/month remains accessible for dual-income households earning above $59,480.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $73,140 would position you well — though many residents in Delano 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 Delano, Minnesota.

With a total population of 6,539, the city supports an active civilian workforce of 3,600 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $48,760 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

3,600

Active civilian employees in Delano

Frequently Asked Questions About Renting in Delano

What salary do I need to live in Delano, Minnesota?

To afford a 2-bedroom in Delano under the 30% rule, you need an annual salary of at least $48,760. The median household income in Delano is $105,766.

Can I afford a 2-bedroom in Delano on $105,766?

The affordability verdict for Delano is "Affordable". The rent-to-income ratio is 13.8%, meaning median earners have a $57,006 surplus.

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

The median gross rent in Delano is $1,012/month. With a median household income of $105,766, residents spend approximately 13.8% of their income on rent.

What salary do I need for a studio in Delano?

A studio in Delano rents for approximately $853/month. Under the 30% rule, you need an annual salary of $34,120 to afford this.

Is Delano considered an affordable place to live?

Based on the surplus of $57,006 and an affordability verdict of "Affordable", Delano is considered a affordable rental market when comparing the required 2-bedroom salary of $48,760 to the local median household income.

How Delano Compares

Other cities in Minnesota with salary requirements