Can An Accountant Afford Rent in Albert Lea, MN?
Comfortably affordable — rent takes 12.2% of gross income.
Albert Lea rent: April 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).
About rent and an accountant salary
Accountant pay covers comfortable rent in nearly every US city. The cost-of-living premium that high-cost metros add to rent is offset, in most cases, by higher local accountant pay — but not entirely. At the national-average accountant salary, the 30% rule supports about $2,270 a month in rent, which is above the median rent in most metros tracked here. The per-city pages quantify the surplus or pinch in each market.
Cheaper rent nearby
These Minnesota cities have lower median rent than Albert Lea, which improves the affordability math on an accountant salary:
Compare with full rent data for Albert Lea
View full rent data for Albert Lea, MN →Frequently asked questions
Can an accountant afford rent in Albert Lea, MN?
Median rent in Albert Lea is $960 a month. A typical accountant in Minnesota earns about $94,411 a year, which makes that rent 12.2% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can an accountant afford in Albert Lea?
Using the 30% rule, an accountant salary in Minnesota (~$94,411/yr) supports up to $2,360 a month in rent. Albert Lea's current median rent is $960/mo, which leaves a $1,400/mo buffer.
How many hours does an accountant work to cover rent in Albert Lea?
At an hourly equivalent of about $45 an hour, an accountant in Minnesota works roughly 21.2 hours a month to cover Albert Lea's median rent of $960.
Where is rent cheaper than Albert Lea for an accountant?
Nearby Minnesota cities with lower median rent include Austin ($947/mo), Saint Cloud ($905/mo), Saint Cloud ($872/mo). Each shifts the affordability math materially on an accountant salary.