Affordable

What Salary Do You Need to Live in Lisbon?

To afford a 2-bedroom in Lisbon, you need to earn at least $35,560/year based on estimated fair market rent data. The median household income here is $61,250, which means the typical resident is $25,690 above the threshold.

Census ACS Data Pop. 2,159

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$622	$2,073	$24,880	$-36,370
1 Bedroom	$738	$2,460	$29,520	$-31,730
2 Bedroom BENCHMARK	$889	$2,963	$35,560	$-25,690
3 Bedroom	$1,085	$3,617	$43,400	$-17,850
4 Bedroom	$1,334	$4,447	$53,360	$-7,890

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$61,250

Annual household

2BR Required Salary

$35,560

Under 30% rule

Income Gap

+$25,690

Surplus

Verdict

Affordable

Ratio: 17.4%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Lisbon's median household income

Max monthly rent you can afford$1,531

Studio

$622/mo

1 BR

$738/mo

2 BR

$889/mo

3 BR

$1,085/mo

4 BR

$1,334/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Lisbon

Lisbon, North Dakota stands out as one of the more financially accessible housing markets in the state. The median household income of $61,250 significantly exceeds the $35,560 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $25,690 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Lisbon, a studio at $622/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,085/month remains accessible for dual-income households earning above $43,400.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $53,340 would position you well — though many residents in Lisbon 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 Lisbon, North Dakota.

With a total population of 2,159, the city supports an active civilian workforce of 883 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $35,560 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

883

Active civilian employees in Lisbon

Frequently Asked Questions About Renting in Lisbon

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

To afford a 2-bedroom in Lisbon under the 30% rule, you need an annual salary of at least $35,560. The median household income in Lisbon is $61,250.

Can I afford a 2-bedroom in Lisbon on $61,250?

The affordability verdict for Lisbon is "Affordable". The rent-to-income ratio is 17.4%, meaning median earners have a $25,690 surplus.

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

The median gross rent in Lisbon is $738/month. With a median household income of $61,250, residents spend approximately 17.4% of their income on rent.

What salary do I need for a studio in Lisbon?

A studio in Lisbon rents for approximately $622/month. Under the 30% rule, you need an annual salary of $24,880 to afford this.

Is Lisbon considered an affordable place to live?

Based on the surplus of $25,690 and an affordability verdict of "Affordable", Lisbon is considered a affordable rental market when comparing the required 2-bedroom salary of $35,560 to the local median household income.

How Lisbon Compares

Other cities in North Dakota with salary requirements