How much rent can you afford in Nottingham, MD?
Run your salary against Nottingham's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Nottingham
At a median rent of $1,782/mo, Nottingham is very affordable when measured against Maryland median income of $98,678/yr. Rent would consume roughly 22% of pre-tax income, and a salary of about $71,280 keeps rent at the recommended 30% threshold.
Based on Maryland median income. Nottingham-specific income data isn't available yet, so state-level medians are used as a proxy.
How Nottingham compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Nottingham?
On a $98,678 salary (the Maryland median income), the recommended ceiling is 30% of pre-tax income, or about $2,467/mo. Nottingham's median rent is $1,782/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Nottingham?
To keep Nottingham's $1,782/mo median rent under 30% of income, you'd need about $71,280/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Nottingham affordable on the median Maryland income?
Nottingham is very affordable on a $98,678 income. Rent would take 22% 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".