Affordable

What Salary Do You Need to Live in Versailles?

To afford a 2-bedroom in Versailles, you need to earn at least $22,640/year based on estimated fair market rent data. The median household income here is $27,202, which means the typical resident is $4,562 above the threshold.

Census ACS Data Pop. 2,549

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$396	$1,320	$15,840	$-11,362
1 Bedroom	$470	$1,567	$18,800	$-8,402
2 Bedroom BENCHMARK	$566	$1,887	$22,640	$-4,562
3 Bedroom	$691	$2,303	$27,640	+$438
4 Bedroom	$849	$2,830	$33,960	+$6,758

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$27,202

Annual household

2BR Required Salary

$22,640

Under 30% rule

Income Gap

+$4,562

Surplus

Verdict

Affordable

Ratio: 25.0%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Versailles's median household income

Max monthly rent you can afford$680

Studio

$396/mo

1 BR

$470/mo

2 BR

$566/mo

3 BR

$691/mo

4 BR

$849/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Versailles

Versailles sits right at the sweet spot of affordability. The gap between the median income and required 2BR salary is modest at $4,562, but residents are on the right side of the threshold — making this market approachable for a wide range of income levels.

For remote workers or relocators evaluating Versailles, a studio at $396/month offers an even more aggressive savings rate. Even a 3-bedroom at $691/month remains accessible for dual-income households earning above $27,640.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $33,960 would position you well — though many residents in Versailles 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 Versailles, Missouri.

With a total population of 2,549, the city supports an active civilian workforce of 945 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $22,640 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

945

Active civilian employees in Versailles

Frequently Asked Questions About Renting in Versailles

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

To afford a 2-bedroom in Versailles under the 30% rule, you need an annual salary of at least $22,640. The median household income in Versailles is $27,202.

Can I afford a 2-bedroom in Versailles on $27,202?

The affordability verdict for Versailles is "Affordable". The rent-to-income ratio is 25.0%, meaning median earners have a $4,562 surplus.

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

The median gross rent in Versailles is $470/month. With a median household income of $27,202, residents spend approximately 25.0% of their income on rent.

What salary do I need for a studio in Versailles?

A studio in Versailles rents for approximately $396/month. Under the 30% rule, you need an annual salary of $15,840 to afford this.

Is Versailles considered an affordable place to live?

Based on the surplus of $4,562 and an affordability verdict of "Affordable", Versailles is considered a affordable rental market when comparing the required 2-bedroom salary of $22,640 to the local median household income.

How Versailles Compares

Other cities in Missouri with salary requirements