Can A Carpenter Afford Rent in Lake Oswego, OR?

Rent-burdened — rent takes 42.8% of gross income.

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

Lake Oswego median rent
$2,258/mo
Carpenter salary (Oregon)
$63,378/yr
Rent as % of income
42.8%
Gross monthly income works out to about $5,282, and the 30% rule supports up to $1,584/mo in rent. Lake Oswego's median rent of $2,258 exceeds that threshold by $674/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 74.1 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 Oregon cities have lower median rent than Lake Oswego, which improves the affordability math on a carpenter salary:

Sandy, OR
$2,253/mo (42.7% of income)
West Linn, OR
$2,251/mo (42.6% of income)
West Linn, OR
$2,251/mo (42.6% of income)

Compare with full rent data for Lake Oswego

View full rent data for Lake Oswego, OR

Frequently asked questions

Can a carpenter afford rent in Lake Oswego, OR?

Median rent in Lake Oswego is $2,258 a month. A typical carpenter in Oregon earns about $63,378 a year, which makes that rent 42.8% 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 Lake Oswego?

Using the 30% rule, a carpenter salary in Oregon (~$63,378/yr) supports up to $1,584 a month in rent. Lake Oswego's current median rent is $2,258/mo, which is $674/mo over the affordability threshold.

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

At an hourly equivalent of about $30 an hour, a carpenter in Oregon works roughly 74.1 hours a month to cover Lake Oswego's median rent of $2,258.

Where is rent cheaper than Lake Oswego for a carpenter?

Nearby Oregon cities with lower median rent include Sandy ($2,253/mo), West Linn ($2,251/mo), West Linn ($2,251/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 Lake Oswego, OR. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.