Can A Carpenter Afford Rent in New Albany, OH?

Stretched but workable — rent takes 36.3% of gross income.

New Albany rent: June 2026. Salary: BLS OEWS May 2024 (Ohio state estimate).

New Albany median rent
$1,735/mo
Carpenter salary (Ohio)
$57,284/yr
Rent as % of income
36.3%
Gross monthly income works out to about $4,774, and the 30% rule supports up to $1,432/mo in rent. New Albany's median rent of $1,735 exceeds that threshold by $303/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 63 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 Ohio cities have lower median rent than New Albany, which improves the affordability math on a carpenter salary:

Springdale, OH
$1,733/mo (36.3% of income)
Turpin Hills, OH
$1,733/mo (36.3% of income)
Beavercreek, OH
$1,732/mo (36.3% of income)

Compare with full rent data for New Albany

View full rent data for New Albany, OH

Frequently asked questions

Can a carpenter afford rent in New Albany, OH?

Median rent in New Albany is $1,735 a month. A typical carpenter in Ohio earns about $57,284 a year, which makes that rent 36.3% 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 New Albany?

Using the 30% rule, a carpenter salary in Ohio (~$57,284/yr) supports up to $1,432 a month in rent. New Albany's current median rent is $1,735/mo, which is $303/mo over the affordability threshold.

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

At an hourly equivalent of about $28 an hour, a carpenter in Ohio works roughly 63 hours a month to cover New Albany's median rent of $1,735.

Where is rent cheaper than New Albany for a carpenter?

Nearby Ohio cities with lower median rent include Springdale ($1,733/mo), Turpin Hills ($1,733/mo), Beavercreek ($1,732/mo). Each shifts the affordability math materially on a carpenter salary.

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