How much rent can you afford in Kenmore, WA?
Run your salary against Kenmore's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Kenmore
At a median rent of $2,437/mo, Kenmore is very affordable when measured against Kenmore median household income of $139,764/yr. Rent would consume roughly 21% of pre-tax income, and a salary of about $97,480 keeps rent at the recommended 30% threshold.
How Kenmore compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Kenmore?
On a $139,764 salary (the Kenmore median household income), the recommended ceiling is 30% of pre-tax income, or about $3,494/mo. Kenmore's median rent is $2,437/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Kenmore?
To keep Kenmore's $2,437/mo median rent under 30% of income, you'd need about $97,480/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Kenmore affordable on the median Washington income?
Kenmore is very affordable on a $139,764 income. Rent would take 21% 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".