How much rent can you afford in Florence Graham, CA?
Run your salary against Florence Graham's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Florence Graham
At a median rent of $2,559/mo, Florence Graham is stretched for most renters when measured against Florence Graham median household income of $65,132/yr. Rent would consume roughly 47% of pre-tax income, and a salary of about $102,360 keeps rent at the recommended 30% threshold.
How Florence Graham compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Florence Graham?
On a $65,132 salary (the Florence Graham median household income), the recommended ceiling is 30% of pre-tax income, or about $1,628/mo. Florence Graham's median rent is $2,559/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Florence Graham?
To keep Florence Graham's $2,559/mo median rent under 30% of income, you'd need about $102,360/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Florence Graham affordable on the median California income?
Florence Graham is stretched for most renters on a $65,132 income. Rent would take 47% of pre-tax pay, outside 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".