Can A Retail Salesperson Afford Rent in Monument, CO?

Rent-burdened — rent takes 66.2% of gross income.

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

Monument median rent
$2,148/mo
Retail Salesperson salary (Colorado)
$38,924/yr
Rent as % of income
66.2%
Gross monthly income works out to about $3,244, and the 30% rule supports up to $973/mo in rent. Monument's median rent of $2,148 exceeds that threshold by $1,175/mo, putting a retail salesperson salary into the rent-burdened range here. A retail salesperson works roughly 114.8 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 Monument, which improves the affordability math on a retail salesperson salary:

Parker, CO
$2,144/mo (66.1% of income)
Parker, CO
$2,144/mo (66.1% of income)
Fountain, CO
$2,144/mo (66.1% of income)

Compare with full rent data for Monument

View full rent data for Monument, CO

Frequently asked questions

Can a retail salesperson afford rent in Monument, CO?

Median rent in Monument is $2,148 a month. A typical retail salesperson in Colorado earns about $38,924 a year, which makes that rent 66.2% 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 Monument?

Using the 30% rule, a retail salesperson salary in Colorado (~$38,924/yr) supports up to $973 a month in rent. Monument's current median rent is $2,148/mo, which is $1,175/mo over the affordability threshold.

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

At an hourly equivalent of about $19 an hour, a retail salesperson in Colorado works roughly 114.8 hours a month to cover Monument's median rent of $2,148.

Where is rent cheaper than Monument for a retail salesperson?

Nearby Colorado cities with lower median rent include Parker ($2,144/mo), Parker ($2,144/mo), Fountain ($2,144/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 Monument, CO. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.