Can A Carpenter Afford Rent in College Park, MD?

Stretched but workable — rent takes 38.7% of gross income.

College Park rent: June 2026. Salary: BLS OEWS May 2024 (Maryland state estimate).

College Park median rent
$2,125/mo
Carpenter salary (Maryland)
$65,815/yr
Rent as % of income
38.7%
Gross monthly income works out to about $5,485, and the 30% rule supports up to $1,645/mo in rent. College Park's median rent of $2,125 exceeds that threshold by $480/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 67.2 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 Maryland cities have lower median rent than College Park, which improves the affordability math on a carpenter salary:

Greenbelt, MD
$2,124/mo (38.7% of income)
Columbia, MD
$2,124/mo (38.7% of income)
Columbia, MD
$2,123/mo (38.7% of income)

Compare with full rent data for College Park

View full rent data for College Park, MD

Frequently asked questions

Can a carpenter afford rent in College Park, MD?

Median rent in College Park is $2,125 a month. A typical carpenter in Maryland earns about $65,815 a year, which makes that rent 38.7% 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 College Park?

Using the 30% rule, a carpenter salary in Maryland (~$65,815/yr) supports up to $1,645 a month in rent. College Park's current median rent is $2,125/mo, which is $480/mo over the affordability threshold.

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

At an hourly equivalent of about $32 an hour, a carpenter in Maryland works roughly 67.2 hours a month to cover College Park's median rent of $2,125.

Where is rent cheaper than College Park for a carpenter?

Nearby Maryland cities with lower median rent include Greenbelt ($2,124/mo), Columbia ($2,124/mo), Columbia ($2,123/mo). Each shifts the affordability math materially on a carpenter salary.

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