Can A Carpenter Afford Rent in Newton, IA?
Comfortably affordable — rent takes 20.3% of gross income.
Newton rent: September 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 Newton, which improves the affordability math on a carpenter salary:
Compare with full rent data for Newton
View full rent data for Newton, IA →Frequently asked questions
Can a carpenter afford rent in Newton, IA?
Median rent in Newton is $947 a month. A typical carpenter in Iowa earns about $56,065 a year, which makes that rent 20.3% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a carpenter afford in Newton?
Using the 30% rule, a carpenter salary in Iowa (~$56,065/yr) supports up to $1,402 a month in rent. Newton's current median rent is $947/mo, which leaves a $455/mo buffer.
How many hours does a carpenter work to cover rent in Newton?
At an hourly equivalent of about $27 an hour, a carpenter in Iowa works roughly 35.1 hours a month to cover Newton's median rent of $947.
Where is rent cheaper than Newton for a carpenter?
Nearby Iowa cities with lower median rent include Davenport ($946/mo), Davenport ($945/mo), Davenport ($942/mo). Each shifts the affordability math materially on a carpenter salary.