Can A Retail Salesperson Afford Rent in Basalt, CO?

Rent-burdened — rent takes 154.7% of gross income.

Basalt rent: May 2026. Salary: BLS OEWS May 2024 (Colorado state estimate).

Basalt median rent
$5,017/mo
Retail Salesperson salary (Colorado)
$38,924/yr
Rent as % of income
154.7%
Gross monthly income works out to about $3,244, and the 30% rule supports up to $973/mo in rent. Basalt's median rent of $5,017 exceeds that threshold by $4,044/mo, putting a retail salesperson salary into the rent-burdened range here. A retail salesperson works roughly 268.1 hours a month to cover that rent.

About rent and a retail salesperson salary

Retail pay sits below the rent threshold needed for solo apartment living in most US metros, which is the central tension behind the widely studied retail-housing affordability gap. At the national-average retail salary, the 30% rule supports about $927 a month in rent — below the median one-bedroom rent in nearly every metro tracked here. The per-city pages show which markets are least out of reach.

Cheaper rent nearby

These Colorado cities have lower median rent than Basalt, which improves the affordability math on a retail salesperson salary:

Carbondale, CO
$4,648/mo (143.3% of income)
Carbondale, CO
$4,608/mo (142.1% of income)
Carbondale, CO
$4,298/mo (132.5% of income)

Compare with full rent data for Basalt

View full rent data for Basalt, CO

Frequently asked questions

Can a retail salesperson afford rent in Basalt, CO?

Median rent in Basalt is $5,017 a month. A typical retail salesperson in Colorado earns about $38,924 a year, which makes that rent 154.7% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a retail salesperson afford in Basalt?

Using the 30% rule, a retail salesperson salary in Colorado (~$38,924/yr) supports up to $973 a month in rent. Basalt's current median rent is $5,017/mo, which is $4,044/mo over the affordability threshold.

How many hours does a retail salesperson work to cover rent in Basalt?

At an hourly equivalent of about $19 an hour, a retail salesperson in Colorado works roughly 268.1 hours a month to cover Basalt's median rent of $5,017.

Where is rent cheaper than Basalt for a retail salesperson?

Nearby Colorado cities with lower median rent include Carbondale ($4,648/mo), Carbondale ($4,608/mo), Carbondale ($4,298/mo). Each shifts the affordability math materially on a retail salesperson salary.

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