Can A Bus Driver Afford Rent in Eagle River, AK?

Rent-burdened — rent takes 49.3% of gross income.

Eagle River rent: September 2026. Salary: BLS OEWS May 2024 (Alaska state estimate).

Eagle River median rent
$2,384/mo
Bus Driver salary (Alaska)
$58,038/yr
Rent as % of income
49.3%
Gross monthly income works out to about $4,837, and the 30% rule supports up to $1,451/mo in rent. Eagle River's median rent of $2,384 exceeds that threshold by $933/mo, putting a bus driver salary into the rent-burdened range here. A bus driver works roughly 85.4 hours a month to cover that rent.

About rent and a bus driver salary

Transit bus driver pay sits near the US median household income, with municipal and unionized routes often paying more. At the national-average bus driver salary, the 30% rule supports about $1,296 a month in rent.

Cheaper rent nearby

These Alaska cities have lower median rent than Eagle River, which improves the affordability math on a bus driver salary:

Fairbanks, AK
$1,907/mo (39.4% of income)
Fairbanks, AK
$1,902/mo (39.3% of income)
Fairbanks, AK
$1,879/mo (38.9% of income)

Compare with full rent data for Eagle River

View full rent data for Eagle River, AK →

Frequently asked questions

Can a bus driver afford rent in Eagle River, AK?

Median rent in Eagle River is $2,384 a month. A typical bus driver in Alaska earns about $58,038 a year, which makes that rent 49.3% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a bus driver afford in Eagle River?

Using the 30% rule, a bus driver salary in Alaska (~$58,038/yr) supports up to $1,451 a month in rent. Eagle River's current median rent is $2,384/mo, which is $933/mo over the affordability threshold.

How many hours does a bus driver work to cover rent in Eagle River?

At an hourly equivalent of about $28 an hour, a bus driver in Alaska works roughly 85.4 hours a month to cover Eagle River's median rent of $2,384.

Where is rent cheaper than Eagle River for a bus driver?

Nearby Alaska cities with lower median rent include Fairbanks ($1,907/mo), Fairbanks ($1,902/mo), Fairbanks ($1,879/mo). Each shifts the affordability math materially on a bus driver salary.

Methodology: Salary uses the BLS-derived Alaska state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Eagle River, AK. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.