Can A Bus Driver Afford Rent in Lake Oswego, OR?

Rent-burdened — rent takes 50.3% of gross income.

Lake Oswego rent: June 2026. Salary: BLS OEWS May 2024 (Oregon state estimate).

Lake Oswego median rent
$2,258/mo
Bus Driver salary (Oregon)
$53,893/yr
Rent as % of income
50.3%
Gross monthly income works out to about $4,491, and the 30% rule supports up to $1,347/mo in rent. Lake Oswego's median rent of $2,258 exceeds that threshold by $911/mo, putting a bus driver salary into the rent-burdened range here. A bus driver works roughly 87.1 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 Oregon cities have lower median rent than Lake Oswego, which improves the affordability math on a bus driver salary:

Sandy, OR
$2,253/mo (50.2% of income)
West Linn, OR
$2,251/mo (50.1% of income)
West Linn, OR
$2,251/mo (50.1% of income)

Compare with full rent data for Lake Oswego

View full rent data for Lake Oswego, OR

Frequently asked questions

Can a bus driver afford rent in Lake Oswego, OR?

Median rent in Lake Oswego is $2,258 a month. A typical bus driver in Oregon earns about $53,893 a year, which makes that rent 50.3% 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 Lake Oswego?

Using the 30% rule, a bus driver salary in Oregon (~$53,893/yr) supports up to $1,347 a month in rent. Lake Oswego's current median rent is $2,258/mo, which is $911/mo over the affordability threshold.

How many hours does a bus driver work to cover rent in Lake Oswego?

At an hourly equivalent of about $26 an hour, a bus driver in Oregon works roughly 87.1 hours a month to cover Lake Oswego's median rent of $2,258.

Where is rent cheaper than Lake Oswego for a bus driver?

Nearby Oregon cities with lower median rent include Sandy ($2,253/mo), West Linn ($2,251/mo), West Linn ($2,251/mo). Each shifts the affordability math materially on a bus driver salary.

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