Can A Licensed Practical Nurse Afford Rent in Waterford, MI?

Comfortably affordable — rent takes 26.7% of gross income.

Waterford rent: June 2026. Salary: BLS OEWS May 2024 (Michigan state estimate).

Waterford median rent
$1,297/mo
Licensed Practical Nurse salary (Michigan)
$58,358/yr
Rent as % of income
26.7%
Gross monthly income works out to about $4,863, and the 30% rule supports up to $1,459/mo in rent. Waterford's median rent of $1,297 leaves roughly $162/mo of headroom under that threshold. A licensed practical nurse works roughly 46.2 hours a month to cover that rent.

About rent and a licensed practical nurse salary

LPN pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. At the national-average LPN salary, the 30% rule supports about $1,520 a month in rent. The per-city pages show which markets stay in range.

Cheaper rent nearby

These Michigan cities have lower median rent than Waterford, which improves the affordability math on a licensed practical nurse salary:

Westland, MI
$1,296/mo (26.6% of income)
Harrison Township, MI
$1,296/mo (26.6% of income)
Pontiac, MI
$1,296/mo (26.6% of income)

Compare with full rent data for Waterford

View full rent data for Waterford, MI

Frequently asked questions

Can a licensed practical nurse afford rent in Waterford, MI?

Median rent in Waterford is $1,297 a month. A typical licensed practical nurse in Michigan earns about $58,358 a year, which makes that rent 26.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a licensed practical nurse afford in Waterford?

Using the 30% rule, a licensed practical nurse salary in Michigan (~$58,358/yr) supports up to $1,459 a month in rent. Waterford's current median rent is $1,297/mo, which leaves a $162/mo buffer.

How many hours does a licensed practical nurse work to cover rent in Waterford?

At an hourly equivalent of about $28 an hour, a licensed practical nurse in Michigan works roughly 46.2 hours a month to cover Waterford's median rent of $1,297.

Where is rent cheaper than Waterford for a licensed practical nurse?

Nearby Michigan cities with lower median rent include Westland ($1,296/mo), Harrison Township ($1,296/mo), Pontiac ($1,296/mo). Each shifts the affordability math materially on a licensed practical nurse salary.

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