Can A Carpenter Afford Rent in Radford, VA?

Comfortably affordable — rent takes 29% of gross income.

Radford rent: June 2026. Salary: BLS OEWS May 2024 (Virginia state estimate).

Radford median rent
$1,503/mo
Carpenter salary (Virginia)
$62,159/yr
Rent as % of income
29%
Gross monthly income works out to about $5,180, and the 30% rule supports up to $1,554/mo in rent. Radford's median rent of $1,503 leaves roughly $51/mo of headroom under that threshold. A carpenter works roughly 50.3 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 Virginia cities have lower median rent than Radford, which improves the affordability math on a carpenter salary:

Portsmouth, VA
$1,500/mo (29% of income)
Newport News, VA
$1,499/mo (28.9% of income)
Staunton, VA
$1,499/mo (28.9% of income)

Compare with full rent data for Radford

View full rent data for Radford, VA

Frequently asked questions

Can a carpenter afford rent in Radford, VA?

Median rent in Radford is $1,503 a month. A typical carpenter in Virginia earns about $62,159 a year, which makes that rent 29% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Radford?

Using the 30% rule, a carpenter salary in Virginia (~$62,159/yr) supports up to $1,554 a month in rent. Radford's current median rent is $1,503/mo, which leaves a $51/mo buffer.

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

At an hourly equivalent of about $30 an hour, a carpenter in Virginia works roughly 50.3 hours a month to cover Radford's median rent of $1,503.

Where is rent cheaper than Radford for a carpenter?

Nearby Virginia cities with lower median rent include Portsmouth ($1,500/mo), Newport News ($1,499/mo), Staunton ($1,499/mo). Each shifts the affordability math materially on a carpenter salary.

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