Salary vs rent · Austin
$40,000 salary in Austin: how much rent can you afford?
On $40,000/year your monthly take-home budget (gross) is $3,333/month. The median rent in Austin is $2,000, which would take 60.0% of your income — Risky.
Your monthly rent budget
Comfortable (25%)up to $833/mo
Manageable (30%)up to $1,000/mo
Stretch (35%)up to $1,167/mo
Risky (45%)up to $1,500/mo
Rent landscape in Austin
$1,100
33.0% of your salary
Budget rent
$2,000
60.0% of your salary
Typical rent
$3,400
102.0% of your salary
High-end rent
Renters in Austin typically spend 22–40% of income on rent. At $40,000/year, you have limited room to cover the median rent comfortably.
Data confidence: medium · US Census ACS 2022 + Austin Board of Realtors data · 2022–2023
Other salaries in Austin