How much rent can you afford in University Place, WA?

Run your salary against University Place's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.

Median rent
$1,904/mo
Median income
$99,031/yr
Salary for 30% rule
$76,160/yr
You can afford up to
$2,476/mo
Based on 30% of $99,031/yr
Your salary vs University Place, WA
Very affordableAt $99,031/yr, University Place, WA's $1,904/mo median rent is 23% of your income.
Using local median household income. Adjust the salary above to see your personal fit.

The 30% rent rule, in University Place

At a median rent of $1,904/mo, University Place is very affordable when measured against University Place median household income of $99,031/yr. Rent would consume roughly 23% of pre-tax income, and a salary of about $76,160 keeps rent at the recommended 30% threshold.

How University Place compares nearby

Median rent for the closest cities with data.

Fircrest, WA$2,169/mo+14%Lakewood, WA$1,708/mo-10%Tacoma, WA$1,749/mo-8%Parkland, WA$1,730/mo-9%Steilacoom, WA$1,990/mo+5%Gig Harbor, WA$2,938/mo+54%
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Frequently asked

How much rent can I afford in University Place?

On a $99,031 salary (the University Place median household income), the recommended ceiling is 30% of pre-tax income, or about $2,476/mo. University Place's median rent is $1,904/mo. Use the calculator on this page to run your own salary.

What salary do I need to live in University Place?

To keep University Place's $1,904/mo median rent under 30% of income, you'd need about $76,160/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.

Is University Place affordable on the median Washington income?

University Place is very affordable on a $99,031 income. Rent would take 23% 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".

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University Place, WA