Affordable

What Salary Do You Need to Live in Lowellville?

To afford a 2-bedroom in Lowellville, you need to earn at least $27,000/year based on estimated fair market rent data. The median household income here is $51,458, which means the typical resident is $24,458 above the threshold.

Census ACS Data Pop. 1,102

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$472	$1,573	$18,880	$-32,578
1 Bedroom	$560	$1,867	$22,400	$-29,058
2 Bedroom BENCHMARK	$675	$2,250	$27,000	$-24,458
3 Bedroom	$824	$2,747	$32,960	$-18,498
4 Bedroom	$1,013	$3,377	$40,520	$-10,938

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$51,458

Annual household

2BR Required Salary

$27,000

Under 30% rule

Income Gap

+$24,458

Surplus

Verdict

Affordable

Ratio: 15.7%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Lowellville's median household income

Max monthly rent you can afford$1,286

Studio

$472/mo

1 BR

$560/mo

2 BR

$675/mo

3 BR

$824/mo

4 BR

$1,013/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Lowellville

Lowellville, Ohio stands out as one of the more financially accessible housing markets in the state. The median household income of $51,458 significantly exceeds the $27,000 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $24,458 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Lowellville, a studio at $472/month offers an even more aggressive savings rate. Even a 3-bedroom at $824/month remains accessible for dual-income households earning above $32,960.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $40,500 would position you well — though many residents in Lowellville 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 Lowellville, Ohio.

With a total population of 1,102, the city supports an active civilian workforce of 535 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $27,000 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

535

Active civilian employees in Lowellville

Frequently Asked Questions About Renting in Lowellville

What salary do I need to live in Lowellville, Ohio?

To afford a 2-bedroom in Lowellville under the 30% rule, you need an annual salary of at least $27,000. The median household income in Lowellville is $51,458.

Can I afford a 2-bedroom in Lowellville on $51,458?

The affordability verdict for Lowellville is "Affordable". The rent-to-income ratio is 15.7%, meaning median earners have a $24,458 surplus.

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

The median gross rent in Lowellville is $560/month. With a median household income of $51,458, residents spend approximately 15.7% of their income on rent.

What salary do I need for a studio in Lowellville?

A studio in Lowellville rents for approximately $472/month. Under the 30% rule, you need an annual salary of $18,880 to afford this.

Is Lowellville considered an affordable place to live?

Based on the surplus of $24,458 and an affordability verdict of "Affordable", Lowellville is considered a affordable rental market when comparing the required 2-bedroom salary of $27,000 to the local median household income.

How Lowellville Compares

Other cities in Ohio with salary requirements