How much rent can you afford in Clinton, IA?
Run your salary against Clinton's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Clinton
At a median rent of $792/mo, Clinton is very affordable when measured against Clinton median household income of $60,230/yr. Rent would consume roughly 16% of pre-tax income, and a salary of about $31,680 keeps rent at the recommended 30% threshold.
How Clinton compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Clinton?
On a $60,230 salary (the Clinton median household income), the recommended ceiling is 30% of pre-tax income, or about $1,506/mo. Clinton's median rent is $792/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Clinton?
To keep Clinton's $792/mo median rent under 30% of income, you'd need about $31,680/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Clinton affordable on the median Iowa income?
Clinton is very affordable on a $60,230 income. Rent would take 16% 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".