How much rent can you afford in Bear, DE?

Run your salary against Bear's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.

Median rent
$2,345/mo
Median income
$91,687/yr
Salary for 30% rule
$93,800/yr
You can afford up to
$2,292/mo
Based on 30% of $91,687/yr
Your salary vs Bear, DE
ModerateAt $91,687/yr, Bear, DE's $2,345/mo median rent is 31% of your income.
Using local median household income. Adjust the salary above to see your personal fit.

The 30% rent rule, in Bear

At a median rent of $2,345/mo, Bear is moderately stretched when measured against Bear median household income of $91,687/yr. Rent would consume roughly 31% of pre-tax income, and a salary of about $93,800 keeps rent at the recommended 30% threshold.

How Bear compares nearby

Median rent for the closest cities with data.

Newark, DE$2,113/mo-10%Middletown, DE$2,733/mo+17%New Castle, DE$1,747/mo-26%Elkton, MD$1,903/mo-19%Wilmington, DE$1,872/mo-20%North East, MD$1,837/mo-22%
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Frequently asked

How much rent can I afford in Bear?

On a $91,687 salary (the Bear median household income), the recommended ceiling is 30% of pre-tax income, or about $2,292/mo. Bear's median rent is $2,345/mo. Use the calculator on this page to run your own salary.

What salary do I need to live in Bear?

To keep Bear's $2,345/mo median rent under 30% of income, you'd need about $93,800/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.

Is Bear affordable on the median Delaware income?

Bear is moderately stretched on a $91,687 income. Rent would take 31% 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".

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Bear, DE