How much rent can you afford in New Carrollton, MD?
Run your salary against New Carrollton's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in New Carrollton
At a median rent of $1,757/mo, New Carrollton is affordable when measured against New Carrollton median household income of $81,509/yr. Rent would consume roughly 26% of pre-tax income, and a salary of about $70,280 keeps rent at the recommended 30% threshold.
How New Carrollton compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in New Carrollton?
On a $81,509 salary (the New Carrollton median household income), the recommended ceiling is 30% of pre-tax income, or about $2,038/mo. New Carrollton's median rent is $1,757/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in New Carrollton?
To keep New Carrollton's $1,757/mo median rent under 30% of income, you'd need about $70,280/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is New Carrollton affordable on the median Maryland income?
New Carrollton is affordable on a $81,509 income. Rent would take 26% 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".