Affordable

What Salary Do You Need to Live in Eden Valley?

To afford a 2-bedroom in Eden Valley, you need to earn at least $40,960/year based on estimated fair market rent data. The median household income here is $59,118, which means the typical resident is $18,158 above the threshold.

Census ACS Data Pop. 1,024

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$717	$2,390	$28,680	$-30,438
1 Bedroom	$850	$2,833	$34,000	$-25,118
2 Bedroom BENCHMARK	$1,024	$3,413	$40,960	$-18,158
3 Bedroom	$1,249	$4,163	$49,960	$-9,158
4 Bedroom	$1,536	$5,120	$61,440	+$2,322

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$59,118

Annual household

2BR Required Salary

$40,960

Under 30% rule

Income Gap

+$18,158

Surplus

Verdict

Affordable

Ratio: 20.8%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Eden Valley

Your Annual Salary

Pre-filled with Eden Valley's median household income

Max monthly rent you can afford$1,478

Studio

$717/mo

1 BR

$850/mo

2 BR

$1,024/mo

3 BR

$1,249/mo

4 BR

$1,536/mo

Your salary is $0 above the median income in Eden Valley.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Eden Valley

Living in Eden Valley is well within reach for most median-income earners. With a $18,158 cushion between what residents earn and what a 2-bedroom requires, households in Eden Valley typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Eden Valley, a studio at $717/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,249/month remains accessible for dual-income households earning above $49,960.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $61,440 would position you well — though many residents in Eden Valley 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 Eden Valley, Minnesota.

With a total population of 1,024, the city supports an active civilian workforce of 547 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $40,960 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

547

Active civilian employees in Eden Valley

Frequently Asked Questions About Renting in Eden Valley

What salary do I need to live in Eden Valley, Minnesota?

To afford a 2-bedroom in Eden Valley under the 30% rule, you need an annual salary of at least $40,960. The median household income in Eden Valley is $59,118.

Can I afford a 2-bedroom in Eden Valley on $59,118?

The affordability verdict for Eden Valley is "Affordable". The rent-to-income ratio is 20.8%, meaning median earners have a $18,158 surplus.

What is the average rent in Eden Valley compared to median income?

The median gross rent in Eden Valley is $850/month. With a median household income of $59,118, residents spend approximately 20.8% of their income on rent.

What salary do I need for a studio in Eden Valley?

A studio in Eden Valley rents for approximately $717/month. Under the 30% rule, you need an annual salary of $28,680 to afford this.

Is Eden Valley considered an affordable place to live?

Based on the surplus of $18,158 and an affordability verdict of "Affordable", Eden Valley is considered a affordable rental market when comparing the required 2-bedroom salary of $40,960 to the local median household income.

How Eden Valley Compares

Other cities in Minnesota with salary requirements