How much rent can you afford in Castle Pines, CO?
Run your salary against Castle Pines's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Castle Pines
At a median rent of $2,657/mo, Castle Pines is very affordable when measured against Castle Pines median household income of $191,229/yr. Rent would consume roughly 17% of pre-tax income, and a salary of about $106,280 keeps rent at the recommended 30% threshold.
How Castle Pines compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Castle Pines?
On a $191,229 salary (the Castle Pines median household income), the recommended ceiling is 30% of pre-tax income, or about $4,781/mo. Castle Pines's median rent is $2,657/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Castle Pines?
To keep Castle Pines's $2,657/mo median rent under 30% of income, you'd need about $106,280/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Castle Pines affordable on the median Colorado income?
Castle Pines is very affordable on a $191,229 income. Rent would take 17% 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".