Can A Carpenter Afford Rent in Owatonna, MN?
Comfortably affordable — rent takes 22.4% of gross income.
Owatonna rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota 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 Minnesota cities have lower median rent than Owatonna, which improves the affordability math on a carpenter salary:
Compare with full rent data for Owatonna
View full rent data for Owatonna, MN →Frequently asked questions
Can a carpenter afford rent in Owatonna, MN?
Median rent in Owatonna is $1,183 a month. A typical carpenter in Minnesota earns about $63,378 a year, which makes that rent 22.4% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a carpenter afford in Owatonna?
Using the 30% rule, a carpenter salary in Minnesota (~$63,378/yr) supports up to $1,584 a month in rent. Owatonna's current median rent is $1,183/mo, which leaves a $401/mo buffer.
How many hours does a carpenter work to cover rent in Owatonna?
At an hourly equivalent of about $30 an hour, a carpenter in Minnesota works roughly 38.8 hours a month to cover Owatonna's median rent of $1,183.
Where is rent cheaper than Owatonna for a carpenter?
Nearby Minnesota cities with lower median rent include Winona ($1,182/mo), Saint Cloud ($1,178/mo), Saint Cloud ($1,177/mo). Each shifts the affordability math materially on a carpenter salary.