Can You Afford Rent in St. Louis on $65,000/Year?
On $65,000 in St. Louis, MO, your take-home pay is $4,270/month after taxes. Using the 30% rule, you can afford up to $1,281/month in rent.
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Your take-home: $4,270/month
Max affordable rent: $1,281/month
Based on 30% of take-home pay (after taxes)
| Size | Avg Rent | % Income | Verdict |
|---|---|---|---|
| Studio | $772 | 18.1% | Comfy |
| 1-Bedroom | $990 | 23.2% | Comfy |
| 2-Bedroom | $1,330 | 31.2% | Tight |
| 3-Bedroom | $1,544 | 36.2% | Stretch |
After paying rent on a 1-BR ($990), you’d have $3,280/month left for everything else.
Rent Affordability Breakdown
| Size | Avg Rent | % Income | Verdict | Left Over |
|---|---|---|---|---|
| Studio | $772 | 18.1% | Comfy | $3,498/mo |
| 1-Bedroom | $990 | 23.2% | Comfy | $3,280/mo |
| 2-Bedroom | $1,330 | 31.2% | Tight | $2,940/mo |
| 3-Bedroom | $1,544 | 36.2% | Stretch | $2,726/mo |
What Salary Do You Need?
To comfortably afford rent in St. Louis at the 30% threshold:
| Size | Avg Rent | Salary Needed | Hourly Equiv |
|---|---|---|---|
| Studio | $772 | $38,000 | $18/hr |
| 1-Bedroom | $990 | $50,000 | $24/hr |
| 2-Bedroom | $1,330 | $68,000 | $33/hr |
| 3-Bedroom | $1,544 | $82,000 | $39/hr |
How St. Louis Compares
On $65,000, here’s what you can afford in other cities:
| City | 1BR Rent | % Income | Verdict |
|---|---|---|---|
| El Paso, TX | $950 | 21.1% | Comfy |
| Memphis, TN | $950 | 21.1% | Comfy |
| San Antonio, TX | $979 | 21.7% | Comfy |
| Oklahoma City, OK | $940 | 22% | Comfy |
| Tucson, AZ | $1,000 | 22.9% | Comfy |