Can A Carpenter Afford Rent in Marshalltown, IA?
Comfortably affordable — rent takes 19.9% of gross income.
Marshalltown rent: June 2026. Salary: BLS OEWS May 2024 (Iowa 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 Iowa cities have lower median rent than Marshalltown, which improves the affordability math on a carpenter salary:
Compare with full rent data for Marshalltown
View full rent data for Marshalltown, IA →Frequently asked questions
Can a carpenter afford rent in Marshalltown, IA?
Median rent in Marshalltown is $930 a month. A typical carpenter in Iowa earns about $56,065 a year, which makes that rent 19.9% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a carpenter afford in Marshalltown?
Using the 30% rule, a carpenter salary in Iowa (~$56,065/yr) supports up to $1,402 a month in rent. Marshalltown's current median rent is $930/mo, which leaves a $472/mo buffer.
How many hours does a carpenter work to cover rent in Marshalltown?
At an hourly equivalent of about $27 an hour, a carpenter in Iowa works roughly 34.5 hours a month to cover Marshalltown's median rent of $930.
Where is rent cheaper than Marshalltown for a carpenter?
Nearby Iowa cities with lower median rent include Davenport ($927/mo), Des Moines ($925/mo), Davenport ($923/mo). Each shifts the affordability math materially on a carpenter salary.