Can A Carpenter Afford Rent in Lone Tree, CO?

Stretched but workable — rent takes 37.7% of gross income.

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

Lone Tree median rent
$2,011/mo
Carpenter salary (Colorado)
$63,987/yr
Rent as % of income
37.7%
Gross monthly income works out to about $5,332, and the 30% rule supports up to $1,600/mo in rent. Lone Tree's median rent of $2,011 exceeds that threshold by $411/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 65.4 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 Lone Tree, which improves the affordability math on a carpenter salary:

Fountain, CO
$2,009/mo (37.7% of income)
Lafayette, CO
$2,009/mo (37.7% of income)
Durango, CO
$2,009/mo (37.7% of income)

Compare with full rent data for Lone Tree

View full rent data for Lone Tree, CO

Frequently asked questions

Can a carpenter afford rent in Lone Tree, CO?

Median rent in Lone Tree is $2,011 a month. A typical carpenter in Colorado earns about $63,987 a year, which makes that rent 37.7% 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 Lone Tree?

Using the 30% rule, a carpenter salary in Colorado (~$63,987/yr) supports up to $1,600 a month in rent. Lone Tree's current median rent is $2,011/mo, which is $411/mo over the affordability threshold.

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

At an hourly equivalent of about $31 an hour, a carpenter in Colorado works roughly 65.4 hours a month to cover Lone Tree's median rent of $2,011.

Where is rent cheaper than Lone Tree for a carpenter?

Nearby Colorado cities with lower median rent include Fountain ($2,009/mo), Lafayette ($2,009/mo), Durango ($2,009/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 Lone Tree, CO. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.