Affordable

What Salary Do You Need to Live in Downing?

To afford a 2-bedroom in Downing, you need to earn at least $16,920/year based on estimated fair market rent data. The median household income here is $30,781, which means the typical resident is $13,861 above the threshold.

Census ACS Data Pop. 332

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$296	$987	$11,840	$-18,941
1 Bedroom	$351	$1,170	$14,040	$-16,741
2 Bedroom BENCHMARK	$423	$1,410	$16,920	$-13,861
3 Bedroom	$516	$1,720	$20,640	$-10,141
4 Bedroom	$635	$2,117	$25,400	$-5,381

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$30,781

Annual household

2BR Required Salary

$16,920

Under 30% rule

Income Gap

+$13,861

Surplus

Verdict

Affordable

Ratio: 16.5%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Downing's median household income

Max monthly rent you can afford$770

Studio

$296/mo

1 BR

$351/mo

2 BR

$423/mo

3 BR

$516/mo

4 BR

$635/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Downing

Living in Downing is well within reach for most median-income earners. With a $13,861 cushion between what residents earn and what a 2-bedroom requires, households in Downing typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Downing, a studio at $296/month offers an even more aggressive savings rate. Even a 3-bedroom at $516/month remains accessible for dual-income households earning above $20,640.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $25,380 would position you well — though many residents in Downing 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 Downing, Missouri.

With a total population of 332, the city supports an active civilian workforce of 121 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $16,920 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

121

Active civilian employees in Downing

Frequently Asked Questions About Renting in Downing

What salary do I need to live in Downing, Missouri?

To afford a 2-bedroom in Downing under the 30% rule, you need an annual salary of at least $16,920. The median household income in Downing is $30,781.

Can I afford a 2-bedroom in Downing on $30,781?

The affordability verdict for Downing is "Affordable". The rent-to-income ratio is 16.5%, meaning median earners have a $13,861 surplus.

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

The median gross rent in Downing is $351/month. With a median household income of $30,781, residents spend approximately 16.5% of their income on rent.

What salary do I need for a studio in Downing?

A studio in Downing rents for approximately $296/month. Under the 30% rule, you need an annual salary of $11,840 to afford this.

Is Downing considered an affordable place to live?

Based on the surplus of $13,861 and an affordability verdict of "Affordable", Downing is considered a affordable rental market when comparing the required 2-bedroom salary of $16,920 to the local median household income.

How Downing Compares

Other cities in Missouri with salary requirements