Keke Palmer lives below her means and reveals she keeps rent at $1,500 despite wealth

Keke Palmer may be a celebrated actress, singer, and author, but she’s just as focused on saving money as she is on red carpet appearances. In a recent interview with CNBC, Palmer revealed how deeply she values financial discipline: “I live under my means. If I have $1 million in my pocket, my rent is going to be $1,500—that's how underneath my means I'm talking.”

Palmer credits her parents for instilling strong financial habits early on. Speaking on the Club Shay Shay podcast last fall, she explained, “I learned from my parents very early on because they knew their limitations with money and finances. I believe in saving and frugality…I don't play around with that.”

The True Jackson, VP star began her acting career at just nine years old, landing a role in Barbershop 2: Back in Business. By her teens, she had her own TV series and credit card. “My parents, at their best, made $40,000 a year,” she recalled. “I was making that a show.”

Palmer’s disciplined approach to finances hasn’t dulled her eye for fashion. In March 2025, she paid tribute to Christina Aguilera’s early-2000s glam at Vanity Fair’s Oscars party, donning a sheer crystallized Versace gown from the Italian label’s spring 2004 collection. She put her own spin on the vintage look with a sleek ballerina bun, sculpted cheeks, and rhinestone-studded heels.

Palmer’s blend of financial discipline and star presence continues to resonate with fans. Her candid insights offer inspiration to those seeking a balance between personal success and responsible living.