Can An Accountant Afford Rent in Edina, MN?
Comfortably affordable — rent takes 25.5% of gross income.
Edina rent: June 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 Edina, which improves the affordability math on an accountant salary:
Compare with full rent data for Edina
View full rent data for Edina, MN →Frequently asked questions
Can an accountant afford rent in Edina, MN?
Median rent in Edina is $2,009 a month. A typical accountant in Minnesota earns about $94,411 a year, which makes that rent 25.5% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can an accountant afford in Edina?
Using the 30% rule, an accountant salary in Minnesota (~$94,411/yr) supports up to $2,360 a month in rent. Edina's current median rent is $2,009/mo, which leaves a $351/mo buffer.
How many hours does an accountant work to cover rent in Edina?
At an hourly equivalent of about $45 an hour, an accountant in Minnesota works roughly 44.3 hours a month to cover Edina's median rent of $2,009.
Where is rent cheaper than Edina for an accountant?
Nearby Minnesota cities with lower median rent include Woodbury ($2,006/mo), Ramsey ($2,002/mo), Golden Valley ($2,001/mo). Each shifts the affordability math materially on an accountant salary.