How much rent can you afford in Oakley, CA?
Run your salary against Oakley's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Oakley
At a median rent of $3,369/mo, Oakley is affordable when measured against Oakley median household income of $137,677/yr. Rent would consume roughly 29% of pre-tax income, and a salary of about $134,760 keeps rent at the recommended 30% threshold.
How Oakley compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Oakley?
On a $137,677 salary (the Oakley median household income), the recommended ceiling is 30% of pre-tax income, or about $3,442/mo. Oakley's median rent is $3,369/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Oakley?
To keep Oakley's $3,369/mo median rent under 30% of income, you'd need about $134,760/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Oakley affordable on the median California income?
Oakley is affordable on a $137,677 income. Rent would take 29% 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".