Can A Software Developer Afford Rent in Waseca, MN?

Comfortably affordable — rent takes 8.3% of gross income.

Waseca rent: January 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Waseca median rent
$990/mo
Software Developer salary (Minnesota)
$143,634/yr
Rent as % of income
8.3%
Gross monthly income works out to about $11,970, and the 30% rule supports up to $3,591/mo in rent. Waseca's median rent of $990 leaves roughly $2,601/mo of headroom under that threshold. A software developer works roughly 14.3 hours a month to cover that rent.

About rent and a software developer salary

Software developer pay is among the highest of any large occupation, which makes rent affordability comfortable in nearly every US city. The interesting question for developers is not whether they can afford rent, but how much surplus is left after rent in different markets. At the national-average developer salary, the 30% rule supports about $3,453 a month in rent — well above the median rent in even the most expensive US metros. The per-city pages quantify how much paycheck remains after typical local rent at the local developer-pay estimate.

Cheaper rent nearby

These Minnesota cities have lower median rent than Waseca, which improves the affordability math on a software developer salary:

Austin, MN
$988/mo (8.3% of income)
Austin, MN
$969/mo (8.1% of income)
Albert Lea, MN
$963/mo (8% of income)

Compare with full rent data for Waseca

View full rent data for Waseca, MN

Frequently asked questions

Can a software developer afford rent in Waseca, MN?

Median rent in Waseca is $990 a month. A typical software developer in Minnesota earns about $143,634 a year, which makes that rent 8.3% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a software developer afford in Waseca?

Using the 30% rule, a software developer salary in Minnesota (~$143,634/yr) supports up to $3,591 a month in rent. Waseca's current median rent is $990/mo, which leaves a $2,601/mo buffer.

How many hours does a software developer work to cover rent in Waseca?

At an hourly equivalent of about $69 an hour, a software developer in Minnesota works roughly 14.3 hours a month to cover Waseca's median rent of $990.

Where is rent cheaper than Waseca for a software developer?

Nearby Minnesota cities with lower median rent include Austin ($988/mo), Austin ($969/mo), Albert Lea ($963/mo). Each shifts the affordability math materially on a software developer salary.

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