Affordable

What Salary Do You Need to Live in Odell?

To afford a 2-bedroom in Odell, you need to earn at least $30,840/year based on estimated fair market rent data. The median household income here is $56,250, which means the typical resident is $25,410 above the threshold.

Census ACS Data Pop. 290

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$540	$1,800	$21,600	$-34,650
1 Bedroom	$640	$2,133	$25,600	$-30,650
2 Bedroom BENCHMARK	$771	$2,570	$30,840	$-25,410
3 Bedroom	$941	$3,137	$37,640	$-18,610
4 Bedroom	$1,157	$3,857	$46,280	$-9,970

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$56,250

Annual household

2BR Required Salary

$30,840

Under 30% rule

Income Gap

+$25,410

Surplus

Verdict

Affordable

Ratio: 16.4%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Odell's median household income

Max monthly rent you can afford$1,406

Studio

$540/mo

1 BR

$640/mo

2 BR

$771/mo

3 BR

$941/mo

4 BR

$1,157/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Odell

Odell, Nebraska stands out as one of the more financially accessible housing markets in the state. The median household income of $56,250 significantly exceeds the $30,840 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $25,410 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Odell, a studio at $540/month offers an even more aggressive savings rate. Even a 3-bedroom at $941/month remains accessible for dual-income households earning above $37,640.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $46,260 would position you well — though many residents in Odell 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 Odell, Nebraska.

With a total population of 290, the city supports an active civilian workforce of 138 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $30,840 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

138

Active civilian employees in Odell

Frequently Asked Questions About Renting in Odell

What salary do I need to live in Odell, Nebraska?

To afford a 2-bedroom in Odell under the 30% rule, you need an annual salary of at least $30,840. The median household income in Odell is $56,250.

Can I afford a 2-bedroom in Odell on $56,250?

The affordability verdict for Odell is "Affordable". The rent-to-income ratio is 16.4%, meaning median earners have a $25,410 surplus.

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

The median gross rent in Odell is $640/month. With a median household income of $56,250, residents spend approximately 16.4% of their income on rent.

What salary do I need for a studio in Odell?

A studio in Odell rents for approximately $540/month. Under the 30% rule, you need an annual salary of $21,600 to afford this.

Is Odell considered an affordable place to live?

Based on the surplus of $25,410 and an affordability verdict of "Affordable", Odell is considered a affordable rental market when comparing the required 2-bedroom salary of $30,840 to the local median household income.

How Odell Compares

Other cities in Nebraska with salary requirements