Affordable

What Salary Do You Need to Live in Kenel?

To afford a 2-bedroom in Kenel, you need to earn at least $27,320/year based on estimated fair market rent data. The median household income here is $48,750, which means the typical resident is $21,430 above the threshold.

Census ACS Data Pop. 176

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$478	$1,593	$19,120	$-29,630
1 Bedroom	$567	$1,890	$22,680	$-26,070
2 Bedroom BENCHMARK	$683	$2,277	$27,320	$-21,430
3 Bedroom	$833	$2,777	$33,320	$-15,430
4 Bedroom	$1,025	$3,417	$41,000	$-7,750

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$48,750

Annual household

2BR Required Salary

$27,320

Under 30% rule

Income Gap

+$21,430

Surplus

Verdict

Affordable

Ratio: 16.8%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Kenel's median household income

Max monthly rent you can afford$1,219

Studio

$478/mo

1 BR

$567/mo

2 BR

$683/mo

3 BR

$833/mo

4 BR

$1,025/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Kenel

Kenel, South Dakota stands out as one of the more financially accessible housing markets in the state. The median household income of $48,750 significantly exceeds the $27,320 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $21,430 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Kenel, a studio at $478/month offers an even more aggressive savings rate. Even a 3-bedroom at $833/month remains accessible for dual-income households earning above $33,320.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $40,980 would position you well — though many residents in Kenel 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 Kenel, South Dakota.

With a total population of 176, the city supports an active civilian workforce of 62 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $27,320 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

Active civilian employees in Kenel

Frequently Asked Questions About Renting in Kenel

What salary do I need to live in Kenel, South Dakota?

To afford a 2-bedroom in Kenel under the 30% rule, you need an annual salary of at least $27,320. The median household income in Kenel is $48,750.

Can I afford a 2-bedroom in Kenel on $48,750?

The affordability verdict for Kenel is "Affordable". The rent-to-income ratio is 16.8%, meaning median earners have a $21,430 surplus.

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

The median gross rent in Kenel is $567/month. With a median household income of $48,750, residents spend approximately 16.8% of their income on rent.

What salary do I need for a studio in Kenel?

A studio in Kenel rents for approximately $478/month. Under the 30% rule, you need an annual salary of $19,120 to afford this.

Is Kenel considered an affordable place to live?

Based on the surplus of $21,430 and an affordability verdict of "Affordable", Kenel is considered a affordable rental market when comparing the required 2-bedroom salary of $27,320 to the local median household income.

How Kenel Compares

Other cities in South Dakota with salary requirements