How much rent can you afford in Maynard, MA?
Run your salary against Maynard's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Maynard
At a median rent of $2,833/mo, Maynard is affordable when measured against Maynard median household income of $124,067/yr. Rent would consume roughly 27% of pre-tax income, and a salary of about $113,320 keeps rent at the recommended 30% threshold.
How Maynard compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Maynard?
On a $124,067 salary (the Maynard median household income), the recommended ceiling is 30% of pre-tax income, or about $3,102/mo. Maynard's median rent is $2,833/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Maynard?
To keep Maynard's $2,833/mo median rent under 30% of income, you'd need about $113,320/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Maynard affordable on the median Massachusetts income?
Maynard is affordable on a $124,067 income. Rent would take 27% 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".