Can A Carpenter Afford Rent in Englewood, CO?

Stretched but workable — rent takes 35.1% of gross income.

Englewood rent: June 2026. Salary: BLS OEWS May 2024 (Colorado state estimate).

Englewood median rent
$1,873/mo
Carpenter salary (Colorado)
$63,987/yr
Rent as % of income
35.1%
Gross monthly income works out to about $5,332, and the 30% rule supports up to $1,600/mo in rent. Englewood's median rent of $1,873 exceeds that threshold by $273/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 60.9 hours a month to cover that rent.

About rent and a carpenter salary

Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.

Cheaper rent nearby

These Colorado cities have lower median rent than Englewood, which improves the affordability math on a carpenter salary:

Wheat Ridge, CO
$1,871/mo (35.1% of income)
Fort Collins, CO
$1,869/mo (35.1% of income)
Montrose, CO
$1,868/mo (35% of income)

Compare with full rent data for Englewood

View full rent data for Englewood, CO

Frequently asked questions

Can a carpenter afford rent in Englewood, CO?

Median rent in Englewood is $1,873 a month. A typical carpenter in Colorado earns about $63,987 a year, which makes that rent 35.1% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a carpenter afford in Englewood?

Using the 30% rule, a carpenter salary in Colorado (~$63,987/yr) supports up to $1,600 a month in rent. Englewood's current median rent is $1,873/mo, which is $273/mo over the affordability threshold.

How many hours does a carpenter work to cover rent in Englewood?

At an hourly equivalent of about $31 an hour, a carpenter in Colorado works roughly 60.9 hours a month to cover Englewood's median rent of $1,873.

Where is rent cheaper than Englewood for a carpenter?

Nearby Colorado cities with lower median rent include Wheat Ridge ($1,871/mo), Fort Collins ($1,869/mo), Montrose ($1,868/mo). Each shifts the affordability math materially on a carpenter salary.

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