Affordable

What Salary Do You Need to Live in Redfield?

To afford a 2-bedroom in Redfield, you need to earn at least $30,640/year based on estimated fair market rent data. The median household income here is $56,205, which means the typical resident is $25,565 above the threshold.

Census ACS Data Pop. 2,253

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$536	$1,787	$21,440	$-34,765
1 Bedroom	$636	$2,120	$25,440	$-30,765
2 Bedroom BENCHMARK	$766	$2,553	$30,640	$-25,565
3 Bedroom	$935	$3,117	$37,400	$-18,805
4 Bedroom	$1,149	$3,830	$45,960	$-10,245

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$56,205

Annual household

2BR Required Salary

$30,640

Under 30% rule

Income Gap

+$25,565

Surplus

Verdict

Affordable

Ratio: 16.4%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Redfield's median household income

Max monthly rent you can afford$1,405

Studio

$536/mo

1 BR

$636/mo

2 BR

$766/mo

3 BR

$935/mo

4 BR

$1,149/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Redfield

Redfield, South Dakota stands out as one of the more financially accessible housing markets in the state. The median household income of $56,205 significantly exceeds the $30,640 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $25,565 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Redfield, a studio at $536/month offers an even more aggressive savings rate. Even a 3-bedroom at $935/month remains accessible for dual-income households earning above $37,400.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $45,960 would position you well — though many residents in Redfield 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 Redfield, South Dakota.

With a total population of 2,253, the city supports an active civilian workforce of 1,091 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $30,640 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

1,091

Active civilian employees in Redfield

Frequently Asked Questions About Renting in Redfield

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

To afford a 2-bedroom in Redfield under the 30% rule, you need an annual salary of at least $30,640. The median household income in Redfield is $56,205.

Can I afford a 2-bedroom in Redfield on $56,205?

The affordability verdict for Redfield is "Affordable". The rent-to-income ratio is 16.4%, meaning median earners have a $25,565 surplus.

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

The median gross rent in Redfield is $636/month. With a median household income of $56,205, residents spend approximately 16.4% of their income on rent.

What salary do I need for a studio in Redfield?

A studio in Redfield rents for approximately $536/month. Under the 30% rule, you need an annual salary of $21,440 to afford this.

Is Redfield considered an affordable place to live?

Based on the surplus of $25,565 and an affordability verdict of "Affordable", Redfield is considered a affordable rental market when comparing the required 2-bedroom salary of $30,640 to the local median household income.

How Redfield Compares

Other cities in South Dakota with salary requirements