Affordable

What Salary Do You Need to Live in Lorena?

To afford a 2-bedroom in Lorena, you need to earn at least $65,080/year based on estimated fair market rent data. The median household income here is $90,982, which means the typical resident is $25,902 above the threshold.

Census ACS Data Pop. 1,650

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,139	$3,797	$45,560	$-45,422
1 Bedroom	$1,350	$4,500	$54,000	$-36,982
2 Bedroom BENCHMARK	$1,627	$5,423	$65,080	$-25,902
3 Bedroom	$1,985	$6,617	$79,400	$-11,582
4 Bedroom	$2,441	$8,137	$97,640	+$6,658

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$90,982

Annual household

2BR Required Salary

$65,080

Under 30% rule

Income Gap

+$25,902

Surplus

Verdict

Affordable

Ratio: 21.5%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Lorena's median household income

Max monthly rent you can afford$2,275

Studio

$1,139/mo

1 BR

$1,350/mo

2 BR

$1,627/mo

3 BR

$1,985/mo

4 BR

$2,441/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Lorena

Lorena, Texas stands out as one of the more financially accessible housing markets in the state. The median household income of $90,982 significantly exceeds the $65,080 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $25,902 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Lorena, a studio at $1,139/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,985/month remains accessible for dual-income households earning above $79,400.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $97,620 would position you well — though many residents in Lorena 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 Lorena, Texas.

With a total population of 1,650, the city supports an active civilian workforce of 802 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $65,080 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

802

Active civilian employees in Lorena

Frequently Asked Questions About Renting in Lorena

What salary do I need to live in Lorena, Texas?

To afford a 2-bedroom in Lorena under the 30% rule, you need an annual salary of at least $65,080. The median household income in Lorena is $90,982.

Can I afford a 2-bedroom in Lorena on $90,982?

The affordability verdict for Lorena is "Affordable". The rent-to-income ratio is 21.5%, meaning median earners have a $25,902 surplus.

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

The median gross rent in Lorena is $1,350/month. With a median household income of $90,982, residents spend approximately 21.5% of their income on rent.

What salary do I need for a studio in Lorena?

A studio in Lorena rents for approximately $1,139/month. Under the 30% rule, you need an annual salary of $45,560 to afford this.

Is Lorena considered an affordable place to live?

Based on the surplus of $25,902 and an affordability verdict of "Affordable", Lorena is considered a affordable rental market when comparing the required 2-bedroom salary of $65,080 to the local median household income.

How Lorena Compares

Other cities in Texas with salary requirements