Affordable

What Salary Do You Need to Live in Fridley?

To afford a 2-bedroom in Fridley, you need to earn at least $59,120/year based on estimated fair market rent data. The median household income here is $76,592, which means the typical resident is $17,472 above the threshold.

Census ACS Data Pop. 29,731

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,035	$3,450	$41,400	$-35,192
1 Bedroom	$1,227	$4,090	$49,080	$-27,512
2 Bedroom BENCHMARK	$1,478	$4,927	$59,120	$-17,472
3 Bedroom	$1,803	$6,010	$72,120	$-4,472
4 Bedroom	$2,217	$7,390	$88,680	+$12,088

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$76,592

Annual household

2BR Required Salary

$59,120

Under 30% rule

Income Gap

+$17,472

Surplus

Verdict

Affordable

Ratio: 23.2%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Fridley's median household income

Max monthly rent you can afford$1,915

Studio

$1,035/mo

1 BR

$1,227/mo

2 BR

$1,478/mo

3 BR

$1,803/mo

4 BR

$2,217/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Fridley

Living in Fridley is well within reach for most median-income earners. With a $17,472 cushion between what residents earn and what a 2-bedroom requires, households in Fridley typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Fridley, a studio at $1,035/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,803/month remains accessible for dual-income households earning above $72,120.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $88,680 would position you well — though many residents in Fridley 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 Fridley, Minnesota.

With a total population of 29,731, the city supports an active civilian workforce of 15,455 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $59,120 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

15,455

Active civilian employees in Fridley

Frequently Asked Questions About Renting in Fridley

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

To afford a 2-bedroom in Fridley under the 30% rule, you need an annual salary of at least $59,120. The median household income in Fridley is $76,592.

Can I afford a 2-bedroom in Fridley on $76,592?

The affordability verdict for Fridley is "Affordable". The rent-to-income ratio is 23.2%, meaning median earners have a $17,472 surplus.

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

The median gross rent in Fridley is $1,227/month. With a median household income of $76,592, residents spend approximately 23.2% of their income on rent.

What salary do I need for a studio in Fridley?

A studio in Fridley rents for approximately $1,035/month. Under the 30% rule, you need an annual salary of $41,400 to afford this.

Is Fridley considered an affordable place to live?

Based on the surplus of $17,472 and an affordability verdict of "Affordable", Fridley is considered a affordable rental market when comparing the required 2-bedroom salary of $59,120 to the local median household income.

How Fridley Compares

Other cities in Minnesota with salary requirements