Affordable

What Salary Do You Need to Live in Mustang?

To afford a 2-bedroom in Mustang, you need to earn at least $55,280/year based on estimated fair market rent data. The median household income here is $84,162, which means the typical resident is $28,882 above the threshold.

Census ACS Data Pop. 20,518

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$967	$3,223	$38,680	$-45,482
1 Bedroom	$1,147	$3,823	$45,880	$-38,282
2 Bedroom BENCHMARK	$1,382	$4,607	$55,280	$-28,882
3 Bedroom	$1,686	$5,620	$67,440	$-16,722
4 Bedroom	$2,073	$6,910	$82,920	$-1,242

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$84,162

Annual household

2BR Required Salary

$55,280

Under 30% rule

Income Gap

+$28,882

Surplus

Verdict

Affordable

Ratio: 19.7%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Mustang's median household income

Max monthly rent you can afford$2,104

Studio

$967/mo

1 BR

$1,147/mo

2 BR

$1,382/mo

3 BR

$1,686/mo

4 BR

$2,073/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Mustang

Mustang, Oklahoma stands out as one of the more financially accessible housing markets in the state. The median household income of $84,162 significantly exceeds the $55,280 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $28,882 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Mustang, a studio at $967/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,686/month remains accessible for dual-income households earning above $67,440.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $82,920 would position you well — though many residents in Mustang 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 Mustang, Oklahoma.

With a total population of 20,518, the city supports an active civilian workforce of 10,353 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $55,280 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

10,353

Active civilian employees in Mustang

Frequently Asked Questions About Renting in Mustang

What salary do I need to live in Mustang, Oklahoma?

To afford a 2-bedroom in Mustang under the 30% rule, you need an annual salary of at least $55,280. The median household income in Mustang is $84,162.

Can I afford a 2-bedroom in Mustang on $84,162?

The affordability verdict for Mustang is "Affordable". The rent-to-income ratio is 19.7%, meaning median earners have a $28,882 surplus.

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

The median gross rent in Mustang is $1,147/month. With a median household income of $84,162, residents spend approximately 19.7% of their income on rent.

What salary do I need for a studio in Mustang?

A studio in Mustang rents for approximately $967/month. Under the 30% rule, you need an annual salary of $38,680 to afford this.

Is Mustang considered an affordable place to live?

Based on the surplus of $28,882 and an affordability verdict of "Affordable", Mustang is considered a affordable rental market when comparing the required 2-bedroom salary of $55,280 to the local median household income.

How Mustang Compares

Other cities in Oklahoma with salary requirements