You need a $58K salary to afford rent in the San Antonio area
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You have to earn more than $58,000 per year to afford the typical monthly rent in the San Antonio area, according to a new Zillow report.
Why it matters: That's about 19% higher than what a San Antonio household would have needed to earn five years ago, per the analysis.
What they did: Zillow assumed that rent should take up no more than 30% of household income — a common standard for calculating affordability.
Zoom in: By that measure, affording the typical San Antonio-area rent — which came in at $1,465 in April — requires an annual income of $58,590.
The big picture: San Antonio has the lowest rents — and requires the lowest income to afford them — among major Texas cities.
- Plus, the income needed to afford rent here is about $22,000 less than what's needed to afford the typical rent nationwide, Zillow found.
Reality check: The metro area's median household income was $73,195 in 2023 — well above what is needed to afford the typical monthly rent.