How much rent can you afford in El Segundo, CA?
Run your salary against El Segundo's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in El Segundo
At a median rent of $2,914/mo, El Segundo is very affordable when measured against El Segundo median household income of $150,737/yr. Rent would consume roughly 23% of pre-tax income, and a salary of about $116,560 keeps rent at the recommended 30% threshold.
How El Segundo compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in El Segundo?
On a $150,737 salary (the El Segundo median household income), the recommended ceiling is 30% of pre-tax income, or about $3,768/mo. El Segundo's median rent is $2,914/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in El Segundo?
To keep El Segundo's $2,914/mo median rent under 30% of income, you'd need about $116,560/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is El Segundo affordable on the median California income?
El Segundo is very affordable on a $150,737 income. Rent would take 23% of pre-tax pay, inside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".