Affordable

What Salary Do You Need to Live in Reno city (Parker and Tarrant Counties)?

To afford a 2-bedroom in Reno city (Parker and Tarrant Counties), you need to earn at least $47,680/year based on estimated fair market rent data. The median household income here is $76,027, which means the typical resident is $28,347 above the threshold.

Census ACS Data Pop. 3,034

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$834	$2,780	$33,360	$-42,667
1 Bedroom	$989	$3,297	$39,560	$-36,467
2 Bedroom BENCHMARK	$1,192	$3,973	$47,680	$-28,347
3 Bedroom	$1,454	$4,847	$58,160	$-17,867
4 Bedroom	$1,788	$5,960	$71,520	$-4,507

Affordability Breakdown

Where the required salary line crosses above Reno city (Parker and Tarrant Counties)'s median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$76,027

Annual household

2BR Required Salary

$47,680

Under 30% rule

Income Gap

+$28,347

Surplus

Verdict

Affordable

Ratio: 18.8%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Reno city (Parker and Tarrant Counties)

Your Annual Salary

Pre-filled with Reno city (Parker and Tarrant Counties)'s median household income

Max monthly rent you can afford$1,901

Studio

$834/mo

1 BR

$989/mo

2 BR

$1,192/mo

3 BR

$1,454/mo

4 BR

$1,788/mo

Your salary is $0 above the median income in Reno city (Parker and Tarrant Counties).

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Reno city (Parker and Tarrant Counties)'s median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Reno city (Parker and Tarrant Counties)

Reno city (Parker and Tarrant Counties), Texas stands out as one of the more financially accessible housing markets in the state. The median household income of $76,027 significantly exceeds the $47,680 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $28,347 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Reno city (Parker and Tarrant Counties), a studio at $834/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,454/month remains accessible for dual-income households earning above $58,160.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $71,520 would position you well — though many residents in Reno city (Parker and Tarrant Counties) 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 Reno city (Parker and Tarrant Counties), Texas.

With a total population of 3,034, the city supports an active civilian workforce of 1,363 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $47,680 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

1,363

Active civilian employees in Reno city (Parker and Tarrant Counties)

Frequently Asked Questions About Renting in Reno city (Parker and Tarrant Counties)

What salary do I need to live in Reno city (Parker and Tarrant Counties), Texas?

To afford a 2-bedroom in Reno city (Parker and Tarrant Counties) under the 30% rule, you need an annual salary of at least $47,680. The median household income in Reno city (Parker and Tarrant Counties) is $76,027.

Can I afford a 2-bedroom in Reno city (Parker and Tarrant Counties) on $76,027?

The affordability verdict for Reno city (Parker and Tarrant Counties) is "Affordable". The rent-to-income ratio is 18.8%, meaning median earners have a $28,347 surplus.

What is the average rent in Reno city (Parker and Tarrant Counties) compared to median income?

The median gross rent in Reno city (Parker and Tarrant Counties) is $989/month. With a median household income of $76,027, residents spend approximately 18.8% of their income on rent.

What salary do I need for a studio in Reno city (Parker and Tarrant Counties)?

A studio in Reno city (Parker and Tarrant Counties) rents for approximately $834/month. Under the 30% rule, you need an annual salary of $33,360 to afford this.

Is Reno city (Parker and Tarrant Counties) considered an affordable place to live?

Based on the surplus of $28,347 and an affordability verdict of "Affordable", Reno city (Parker and Tarrant Counties) is considered a affordable rental market when comparing the required 2-bedroom salary of $47,680 to the local median household income.

How Reno city (Parker and Tarrant Counties) Compares

Other cities in Texas with salary requirements