Can A Carpenter Afford Rent in Laurel, MT?

Comfortably affordable — rent takes 27.7% of gross income.

Laurel rent: July 2026. Salary: BLS OEWS May 2024 (Montana state estimate).

Laurel median rent
$1,240/mo
Carpenter salary (Montana)
$53,627/yr
Rent as % of income
27.7%
Gross monthly income works out to about $4,469, and the 30% rule supports up to $1,341/mo in rent. Laurel's median rent of $1,240 leaves roughly $101/mo of headroom under that threshold. A carpenter works roughly 48.1 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 Montana cities have lower median rent than Laurel, which improves the affordability math on a carpenter salary:

Butte, MT
$1,218/mo (27.3% of income)
Butte, MT
$1,209/mo (27.1% of income)
Butte, MT
$1,196/mo (26.8% of income)

Compare with full rent data for Laurel

View full rent data for Laurel, MT

Frequently asked questions

Can a carpenter afford rent in Laurel, MT?

Median rent in Laurel is $1,240 a month. A typical carpenter in Montana earns about $53,627 a year, which makes that rent 27.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Laurel?

Using the 30% rule, a carpenter salary in Montana (~$53,627/yr) supports up to $1,341 a month in rent. Laurel's current median rent is $1,240/mo, which leaves a $101/mo buffer.

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

At an hourly equivalent of about $26 an hour, a carpenter in Montana works roughly 48.1 hours a month to cover Laurel's median rent of $1,240.

Where is rent cheaper than Laurel for a carpenter?

Nearby Montana cities with lower median rent include Butte ($1,218/mo), Butte ($1,209/mo), Butte ($1,196/mo). Each shifts the affordability math materially on a carpenter salary.

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