Can A Carpenter Afford Rent in Ankeny, IA?

Stretched but workable — rent takes 32.5% of gross income.

Ankeny rent: June 2026. Salary: BLS OEWS May 2024 (Iowa state estimate).

Ankeny median rent
$1,520/mo
Carpenter salary (Iowa)
$56,065/yr
Rent as % of income
32.5%
Gross monthly income works out to about $4,672, and the 30% rule supports up to $1,402/mo in rent. Ankeny's median rent of $1,520 exceeds that threshold by $118/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 56.4 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 Iowa cities have lower median rent than Ankeny, which improves the affordability math on a carpenter salary:

Altoona, IA
$1,519/mo (32.5% of income)
Altoona, IA
$1,518/mo (32.5% of income)
Waukee, IA
$1,509/mo (32.3% of income)

Compare with full rent data for Ankeny

View full rent data for Ankeny, IA

Frequently asked questions

Can a carpenter afford rent in Ankeny, IA?

Median rent in Ankeny is $1,520 a month. A typical carpenter in Iowa earns about $56,065 a year, which makes that rent 32.5% 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 Ankeny?

Using the 30% rule, a carpenter salary in Iowa (~$56,065/yr) supports up to $1,402 a month in rent. Ankeny's current median rent is $1,520/mo, which is $118/mo over the affordability threshold.

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

At an hourly equivalent of about $27 an hour, a carpenter in Iowa works roughly 56.4 hours a month to cover Ankeny's median rent of $1,520.

Where is rent cheaper than Ankeny for a carpenter?

Nearby Iowa cities with lower median rent include Altoona ($1,519/mo), Altoona ($1,518/mo), Waukee ($1,509/mo). Each shifts the affordability math materially on a carpenter salary.

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