Manageable

What Salary Do You Need to Live in Gresham?

To afford a 2-bedroom in Gresham, you need to earn at least $37,640/year based on estimated fair market rent data. The median household income here is $43,523, which means the typical resident is $5,883 above the threshold.

Census ACS Data Pop. 593

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$659	$2,197	$26,360	$-17,163
1 Bedroom	$781	$2,603	$31,240	$-12,283
2 Bedroom BENCHMARK	$941	$3,137	$37,640	$-5,883
3 Bedroom	$1,148	$3,827	$45,920	+$2,397
4 Bedroom	$1,412	$4,707	$56,480	+$12,957

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$43,523

Annual household

2BR Required Salary

$37,640

Under 30% rule

Income Gap

+$5,883

Surplus

Verdict

Manageable

Ratio: 25.9%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Gresham's median household income

Max monthly rent you can afford$1,088

Studio

$659/mo

1 BR

$781/mo

2 BR

$941/mo

3 BR

$1,148/mo

4 BR

$1,412/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Gresham

Renting in Gresham, Wisconsin is doable for median earners, but tight. A 2-bedroom requires roughly $37,640/year under the 30% rule, and with a median income of $43,523, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($781/month) or studio ($659/month) materially improves the math. For those needing more space, a 3-bedroom in Gresham pushes the required income to $45,920.

For comfortable living in Gresham without financial stress, target a household income of at least $56,460 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Wisconsin'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 Gresham, Wisconsin.

With a total population of 593, the city supports an active civilian workforce of 213 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $37,640 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

213

Active civilian employees in Gresham

Frequently Asked Questions About Renting in Gresham

What salary do I need to live in Gresham, Wisconsin?

To afford a 2-bedroom in Gresham under the 30% rule, you need an annual salary of at least $37,640. The median household income in Gresham is $43,523.

Can I afford a 2-bedroom in Gresham on $43,523?

The affordability verdict for Gresham is "Manageable". The rent-to-income ratio is 25.9%, meaning median earners have a $5,883 surplus.

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

The median gross rent in Gresham is $781/month. With a median household income of $43,523, residents spend approximately 25.9% of their income on rent.

What salary do I need for a studio in Gresham?

A studio in Gresham rents for approximately $659/month. Under the 30% rule, you need an annual salary of $26,360 to afford this.

Is Gresham considered an affordable place to live?

Based on the surplus of $5,883 and an affordability verdict of "Manageable", Gresham is considered a manageable rental market when comparing the required 2-bedroom salary of $37,640 to the local median household income.

How Gresham Compares

Other cities in Wisconsin with salary requirements