Stretched

What Salary Do You Need to Live in Renovo?

To afford a 2-bedroom in Renovo, you need to earn at least $32,400/year based on estimated fair market rent data. The median household income here is $28,750, which means the typical resident is $3,650 below the threshold.

Census ACS Data Pop. 1,081

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$567	$1,890	$22,680	$-6,070
1 Bedroom	$672	$2,240	$26,880	$-1,870
2 Bedroom BENCHMARK	$810	$2,700	$32,400	+$3,650
3 Bedroom	$988	$3,293	$39,520	+$10,770
4 Bedroom	$1,215	$4,050	$48,600	+$19,850

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$28,750

Annual household

2BR Required Salary

$32,400

Under 30% rule

Income Gap

-$3,650

Deficit

Verdict

Stretched

Ratio: 33.8%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Renovo's median household income

Max monthly rent you can afford$719

Studio

$567/mo

1 BR

$672/mo

2 BR

$810/mo

3 BR

$988/mo

4 BR

$1,215/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Renovo

Renting in Renovo is stretched but not impossible. The gap is a relatively narrow $3,650, suggesting that households slightly above median can find workable arrangements — especially with studios at $567/month.

If you're relocating to Renovo, target the studio or 1-bedroom tier ($567–$672/month) unless your income exceeds $32,400. A roommate splitting a 2-bedroom effectively halves the individual rent burden to $405/month.

The break-even salary for comfortable living in Renovo is approximately $48,600. Below this threshold, expect housing to consume a disproportionate share of your budget, limiting discretionary spending and savings capacity.

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 Renovo, Pennsylvania.

With a total population of 1,081, the city supports an active civilian workforce of 347 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $32,400 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

347

Active civilian employees in Renovo

Frequently Asked Questions About Renting in Renovo

What salary do I need to live in Renovo, Pennsylvania?

To afford a 2-bedroom in Renovo under the 30% rule, you need an annual salary of at least $32,400. The median household income in Renovo is $28,750.

Can I afford a 2-bedroom in Renovo on $28,750?

The affordability verdict for Renovo is "Stretched". The rent-to-income ratio is 33.8%, meaning there's a $3,650 income gap.

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

The median gross rent in Renovo is $672/month. With a median household income of $28,750, residents spend approximately 33.8% of their income on rent.

What salary do I need for a studio in Renovo?

A studio in Renovo rents for approximately $567/month. Under the 30% rule, you need an annual salary of $22,680 to afford this.

Is Renovo considered an affordable place to live?

Based on the deficit of $3,650 and an affordability verdict of "Stretched", Renovo is considered a stretched rental market when comparing the required 2-bedroom salary of $32,400 to the local median household income.

How Renovo Compares

Other cities in Pennsylvania with salary requirements