Affordable

What Salary Do You Need to Live in Edgeley?

To afford a 2-bedroom in Edgeley, you need to earn at least $24,800/year based on estimated fair market rent data. The median household income here is $42,500, which means the typical resident is $17,700 above the threshold.

Census ACS Data Pop. 678

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$434	$1,447	$17,360	$-25,140
1 Bedroom	$515	$1,717	$20,600	$-21,900
2 Bedroom BENCHMARK	$620	$2,067	$24,800	$-17,700
3 Bedroom	$756	$2,520	$30,240	$-12,260
4 Bedroom	$930	$3,100	$37,200	$-5,300

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$42,500

Annual household

2BR Required Salary

$24,800

Under 30% rule

Income Gap

+$17,700

Surplus

Verdict

Affordable

Ratio: 17.5%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Edgeley's median household income

Max monthly rent you can afford$1,063

Studio

$434/mo

1 BR

$515/mo

2 BR

$620/mo

3 BR

$756/mo

4 BR

$930/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Edgeley

Living in Edgeley is well within reach for most median-income earners. With a $17,700 cushion between what residents earn and what a 2-bedroom requires, households in Edgeley typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Edgeley, a studio at $434/month offers an even more aggressive savings rate. Even a 3-bedroom at $756/month remains accessible for dual-income households earning above $30,240.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $37,200 would position you well — though many residents in Edgeley 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 Edgeley, North Dakota.

With a total population of 678, the city supports an active civilian workforce of 332 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $24,800 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

332

Active civilian employees in Edgeley

Frequently Asked Questions About Renting in Edgeley

What salary do I need to live in Edgeley, North Dakota?

To afford a 2-bedroom in Edgeley under the 30% rule, you need an annual salary of at least $24,800. The median household income in Edgeley is $42,500.

Can I afford a 2-bedroom in Edgeley on $42,500?

The affordability verdict for Edgeley is "Affordable". The rent-to-income ratio is 17.5%, meaning median earners have a $17,700 surplus.

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

The median gross rent in Edgeley is $515/month. With a median household income of $42,500, residents spend approximately 17.5% of their income on rent.

What salary do I need for a studio in Edgeley?

A studio in Edgeley rents for approximately $434/month. Under the 30% rule, you need an annual salary of $17,360 to afford this.

Is Edgeley considered an affordable place to live?

Based on the surplus of $17,700 and an affordability verdict of "Affordable", Edgeley is considered a affordable rental market when comparing the required 2-bedroom salary of $24,800 to the local median household income.

How Edgeley Compares

Other cities in North Dakota with salary requirements