Can A Carpenter Afford Rent in Greenwood Village, CO?
Rent-burdened — rent takes 42.1% of gross income.
Greenwood Village rent: July 2026. Salary: BLS OEWS May 2024 (Colorado state estimate).
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 Greenwood Village, which improves the affordability math on a carpenter salary:
Compare with full rent data for Greenwood Village
View full rent data for Greenwood Village, CO →Frequently asked questions
Can a carpenter afford rent in Greenwood Village, CO?
Median rent in Greenwood Village is $2,243 a month. A typical carpenter in Colorado earns about $63,987 a year, which makes that rent 42.1% 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 Greenwood Village?
Using the 30% rule, a carpenter salary in Colorado (~$63,987/yr) supports up to $1,600 a month in rent. Greenwood Village's current median rent is $2,243/mo, which is $643/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Greenwood Village?
At an hourly equivalent of about $31 an hour, a carpenter in Colorado works roughly 72.9 hours a month to cover Greenwood Village's median rent of $2,243.
Where is rent cheaper than Greenwood Village for a carpenter?
Nearby Colorado cities with lower median rent include Golden ($2,234/mo), Centennial ($2,228/mo), Louisville ($2,227/mo). Each shifts the affordability math materially on a carpenter salary.