How much rent can you afford in Redondo Beach, CA?
Run your salary against Redondo Beach's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Redondo Beach
At a median rent of $3,543/mo, Redondo Beach is affordable when measured against Redondo Beach median household income of $150,245/yr. Rent would consume roughly 28% of pre-tax income, and a salary of about $141,720 keeps rent at the recommended 30% threshold.
How Redondo Beach compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Redondo Beach?
On a $150,245 salary (the Redondo Beach median household income), the recommended ceiling is 30% of pre-tax income, or about $3,756/mo. Redondo Beach's median rent is $3,543/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Redondo Beach?
To keep Redondo Beach's $3,543/mo median rent under 30% of income, you'd need about $141,720/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Redondo Beach affordable on the median California income?
Redondo Beach is affordable on a $150,245 income. Rent would take 28% 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".