Affordable

What Salary Do You Need to Live in Piqua?

To afford a 2-bedroom in Piqua, you need to earn at least $42,760/year based on estimated fair market rent data. The median household income here is $55,379, which means the typical resident is $12,619 above the threshold.

Census ACS Data Pop. 20,441

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$748	$2,493	$29,920	$-25,459
1 Bedroom	$887	$2,957	$35,480	$-19,899
2 Bedroom BENCHMARK	$1,069	$3,563	$42,760	$-12,619
3 Bedroom	$1,304	$4,347	$52,160	$-3,219
4 Bedroom	$1,604	$5,347	$64,160	+$8,781

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$55,379

Annual household

2BR Required Salary

$42,760

Under 30% rule

Income Gap

+$12,619

Surplus

Verdict

Affordable

Ratio: 23.2%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Piqua's median household income

Max monthly rent you can afford$1,384

Studio

$748/mo

1 BR

$887/mo

2 BR

$1,069/mo

3 BR

$1,304/mo

4 BR

$1,604/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Piqua

Living in Piqua is well within reach for most median-income earners. With a $12,619 cushion between what residents earn and what a 2-bedroom requires, households in Piqua typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Piqua, a studio at $748/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,304/month remains accessible for dual-income households earning above $52,160.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $64,140 would position you well — though many residents in Piqua 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 Piqua, Ohio.

With a total population of 20,441, the city supports an active civilian workforce of 10,131 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $42,760 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

10,131

Active civilian employees in Piqua

Frequently Asked Questions About Renting in Piqua

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

To afford a 2-bedroom in Piqua under the 30% rule, you need an annual salary of at least $42,760. The median household income in Piqua is $55,379.

Can I afford a 2-bedroom in Piqua on $55,379?

The affordability verdict for Piqua is "Affordable". The rent-to-income ratio is 23.2%, meaning median earners have a $12,619 surplus.

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

The median gross rent in Piqua is $887/month. With a median household income of $55,379, residents spend approximately 23.2% of their income on rent.

What salary do I need for a studio in Piqua?

A studio in Piqua rents for approximately $748/month. Under the 30% rule, you need an annual salary of $29,920 to afford this.

Is Piqua considered an affordable place to live?

Based on the surplus of $12,619 and an affordability verdict of "Affordable", Piqua is considered a affordable rental market when comparing the required 2-bedroom salary of $42,760 to the local median household income.

How Piqua Compares

Other cities in Ohio with salary requirements