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Registered Nurses, Homeownership Market

Metro Area Income Needed to Purchase Home (10% Down) Income Needed to Purchase Home (3% Down) Metro Area Median Salary
2022 Median Home Price
Denver-Aurora-Lakewood, CO $598,233
Nashville-Davidson--Murfreesboro--Franklin, TN $403,333
Phoenix-Mesa-Scottsdale, AZ $434,184
Denver-Aurora-Lakewood, CO $161,383 $170,345 $77,530
Nashville-Davidson--Murfreesboro--Franklin, TN $108,805 $114,848 $65,300
Phoenix-Mesa-Scottsdale, AZ $117,128 $123,633 $80,610

Registered Nurses, Rental Market

Metro Area Income Needed to Afford Studio Income Needed to Afford 1BR Income Needed to Afford 2BR Income Needed to Afford 3BR Income Needed to Afford 4BR Metro Area Median Salary
2021 Fair Market Rent Studio One BR Two BR Three BR Four BR
Denver-Aurora-Lakewood, CO $1,236 $1,364 $1,659 $2,226 $2,501
Nashville-Davidson--Murfreesboro--Franklin, TN $1,079 $1,100 $1,253 $1,587 $1,975
Phoenix-Mesa-Scottsdale, AZ $1,005 $1,091 $1,311 $1,825 $2,078
Denver-Aurora-Lakewood, CO $49,440 $54,560 $66,360 $89,040 $100,040 $77,530
Nashville-Davidson--Murfreesboro--Franklin, TN $43,160 $44,000 $50,120 $63,480 $79,000 $65,300
Phoenix-Mesa-Scottsdale, AZ $40,200 $43,640 $52,440 $73,000 $83,120 $80,610

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