How much rent can you afford in Devon, PA?
Run your salary against Devon's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Devon
At a median rent of $1,988/mo, Devon is very affordable when measured against Devon median household income of $219,063/yr. Rent would consume roughly 11% of pre-tax income, and a salary of about $79,520 keeps rent at the recommended 30% threshold.
How Devon compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Devon?
On a $219,063 salary (the Devon median household income), the recommended ceiling is 30% of pre-tax income, or about $5,477/mo. Devon's median rent is $1,988/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Devon?
To keep Devon's $1,988/mo median rent under 30% of income, you'd need about $79,520/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Devon affordable on the median Pennsylvania income?
Devon is very affordable on a $219,063 income. Rent would take 11% 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".