Can A Carpenter Afford Rent in Waseca, MN?

Comfortably affordable — rent takes 18.7% of gross income.

Waseca rent: January 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Waseca median rent
$990/mo
Carpenter salary (Minnesota)
$63,378/yr
Rent as % of income
18.7%
Gross monthly income works out to about $5,282, and the 30% rule supports up to $1,584/mo in rent. Waseca's median rent of $990 leaves roughly $594/mo of headroom under that threshold. A carpenter works roughly 32.5 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 Minnesota cities have lower median rent than Waseca, which improves the affordability math on a carpenter salary:

Austin, MN
$988/mo (18.7% of income)
Austin, MN
$969/mo (18.3% of income)
Albert Lea, MN
$963/mo (18.2% of income)

Compare with full rent data for Waseca

View full rent data for Waseca, MN

Frequently asked questions

Can a carpenter afford rent in Waseca, MN?

Median rent in Waseca is $990 a month. A typical carpenter in Minnesota earns about $63,378 a year, which makes that rent 18.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Waseca?

Using the 30% rule, a carpenter salary in Minnesota (~$63,378/yr) supports up to $1,584 a month in rent. Waseca's current median rent is $990/mo, which leaves a $594/mo buffer.

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

At an hourly equivalent of about $30 an hour, a carpenter in Minnesota works roughly 32.5 hours a month to cover Waseca's median rent of $990.

Where is rent cheaper than Waseca for a carpenter?

Nearby Minnesota cities with lower median rent include Austin ($988/mo), Austin ($969/mo), Albert Lea ($963/mo). Each shifts the affordability math materially on a carpenter salary.

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