Can A Carpenter Afford Rent in Loveland, CO?
Stretched but workable — rent takes 36.2% of gross income.
Loveland rent: September 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 Loveland, which improves the affordability math on a carpenter salary:
Compare with full rent data for Loveland
View full rent data for Loveland, CO →Frequently asked questions
Can a carpenter afford rent in Loveland, CO?
Median rent in Loveland is $1,932 a month. A typical carpenter in Colorado earns about $63,987 a year, which makes that rent 36.2% 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 Loveland?
Using the 30% rule, a carpenter salary in Colorado (~$63,987/yr) supports up to $1,600 a month in rent. Loveland's current median rent is $1,932/mo, which is $332/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Loveland?
At an hourly equivalent of about $31 an hour, a carpenter in Colorado works roughly 62.8 hours a month to cover Loveland's median rent of $1,932.
Where is rent cheaper than Loveland for a carpenter?
Nearby Colorado cities with lower median rent include Brighton ($1,931/mo), Johnstown ($1,931/mo), Brighton ($1,931/mo). Each shifts the affordability math materially on a carpenter salary.