Manageable

What Salary Do You Need to Live in South Renovo?

To afford a 2-bedroom in South Renovo, you need to earn at least $44,680/year based on estimated fair market rent data. The median household income here is $45,000, which means the typical resident is $320 above the threshold.

Census ACS Data Pop. 467

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$782	$2,607	$31,280	$-13,720
1 Bedroom	$927	$3,090	$37,080	$-7,920
2 Bedroom BENCHMARK	$1,117	$3,723	$44,680	$-320
3 Bedroom	$1,363	$4,543	$54,520	+$9,520
4 Bedroom	$1,676	$5,587	$67,040	+$22,040

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$45,000

Annual household

2BR Required Salary

$44,680

Under 30% rule

Income Gap

+$320

Surplus

Verdict

Manageable

Ratio: 29.8%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with South Renovo's median household income

Max monthly rent you can afford$1,125

Studio

$782/mo

1 BR

$927/mo

2 BR

$1,117/mo

3 BR

$1,363/mo

4 BR

$1,676/mo

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

Salary Comparison by Bedroom

Bars left of the marker line are affordable for South 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 South Renovo

South Renovo is borderline manageable — the difference between required salary and median income is just $320. This means most households can technically afford a 2-bedroom, but have very little breathing room for savings or emergencies.

Downsizing to a 1-bedroom ($927/month) or studio ($782/month) materially improves the math. For those needing more space, a 3-bedroom in South Renovo pushes the required income to $54,520.

For comfortable living in South Renovo without financial stress, target a household income of at least $67,020 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Pennsylvania's cost of living.

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 South Renovo, Pennsylvania.

With a total population of 467, the city supports an active civilian workforce of 166 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $44,680 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

166

Active civilian employees in South Renovo

Frequently Asked Questions About Renting in South Renovo

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

To afford a 2-bedroom in South Renovo under the 30% rule, you need an annual salary of at least $44,680. The median household income in South Renovo is $45,000.

Can I afford a 2-bedroom in South Renovo on $45,000?

The affordability verdict for South Renovo is "Manageable". The rent-to-income ratio is 29.8%, meaning median earners have a $320 surplus.

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

The median gross rent in South Renovo is $927/month. With a median household income of $45,000, residents spend approximately 29.8% of their income on rent.

What salary do I need for a studio in South Renovo?

A studio in South Renovo rents for approximately $782/month. Under the 30% rule, you need an annual salary of $31,280 to afford this.

Is South Renovo considered an affordable place to live?

Based on the surplus of $320 and an affordability verdict of "Manageable", South Renovo is considered a manageable rental market when comparing the required 2-bedroom salary of $44,680 to the local median household income.

How South Renovo Compares

Other cities in Pennsylvania with salary requirements