Affordable

What Salary Do You Need to Live in Roy?

To afford a 2-bedroom in Roy, you need to earn at least $25,920/year based on estimated fair market rent data. The median household income here is $42,917, which means the typical resident is $16,997 above the threshold.

Census ACS Data Pop. 163

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$454	$1,513	$18,160	$-24,757
1 Bedroom	$538	$1,793	$21,520	$-21,397
2 Bedroom BENCHMARK	$648	$2,160	$25,920	$-16,997
3 Bedroom	$791	$2,637	$31,640	$-11,277
4 Bedroom	$972	$3,240	$38,880	$-4,037

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$42,917

Annual household

2BR Required Salary

$25,920

Under 30% rule

Income Gap

+$16,997

Surplus

Verdict

Affordable

Ratio: 18.1%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Roy's median household income

Max monthly rent you can afford$1,073

Studio

$454/mo

1 BR

$538/mo

2 BR

$648/mo

3 BR

$791/mo

4 BR

$972/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Roy

Living in Roy is well within reach for most median-income earners. With a $16,997 cushion between what residents earn and what a 2-bedroom requires, households in Roy typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Roy, a studio at $454/month offers an even more aggressive savings rate. Even a 3-bedroom at $791/month remains accessible for dual-income households earning above $31,640.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $38,880 would position you well — though many residents in Roy 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 Roy, Montana.

With a total population of 163, the city supports an active civilian workforce of 87 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $25,920 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

Active civilian employees in Roy

Frequently Asked Questions About Renting in Roy

What salary do I need to live in Roy, Montana?

To afford a 2-bedroom in Roy under the 30% rule, you need an annual salary of at least $25,920. The median household income in Roy is $42,917.

Can I afford a 2-bedroom in Roy on $42,917?

The affordability verdict for Roy is "Affordable". The rent-to-income ratio is 18.1%, meaning median earners have a $16,997 surplus.

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

The median gross rent in Roy is $538/month. With a median household income of $42,917, residents spend approximately 18.1% of their income on rent.

What salary do I need for a studio in Roy?

A studio in Roy rents for approximately $454/month. Under the 30% rule, you need an annual salary of $18,160 to afford this.

Is Roy considered an affordable place to live?

Based on the surplus of $16,997 and an affordability verdict of "Affordable", Roy is considered a affordable rental market when comparing the required 2-bedroom salary of $25,920 to the local median household income.

How Roy Compares

Other cities in Montana with salary requirements