Can A Carpenter Afford Rent in Albany, OR?

Stretched but workable — rent takes 33.6% of gross income.

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

Albany median rent
$1,774/mo
Carpenter salary (Oregon)
$63,378/yr
Rent as % of income
33.6%
Gross monthly income works out to about $5,282, and the 30% rule supports up to $1,584/mo in rent. Albany's median rent of $1,774 exceeds that threshold by $190/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 58.2 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 Oregon cities have lower median rent than Albany, which improves the affordability math on a carpenter salary:

Wilsonville, OR
$1,773/mo (33.6% of income)
Rockcreek, OR
$1,772/mo (33.6% of income)
Happy Valley, OR
$1,772/mo (33.6% of income)

Compare with full rent data for Albany

View full rent data for Albany, OR

Frequently asked questions

Can a carpenter afford rent in Albany, OR?

Median rent in Albany is $1,774 a month. A typical carpenter in Oregon earns about $63,378 a year, which makes that rent 33.6% 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 Albany?

Using the 30% rule, a carpenter salary in Oregon (~$63,378/yr) supports up to $1,584 a month in rent. Albany's current median rent is $1,774/mo, which is $190/mo over the affordability threshold.

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

At an hourly equivalent of about $30 an hour, a carpenter in Oregon works roughly 58.2 hours a month to cover Albany's median rent of $1,774.

Where is rent cheaper than Albany for a carpenter?

Nearby Oregon cities with lower median rent include Wilsonville ($1,773/mo), Rockcreek ($1,772/mo), Happy Valley ($1,772/mo). Each shifts the affordability math materially on a carpenter salary.

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