Can An Accountant Afford Rent in Waseca, MN?

Comfortably affordable — rent takes 12.6% of gross income.

Waseca rent: January 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Waseca median rent
$990/mo
Accountant salary (Minnesota)
$94,411/yr
Rent as % of income
12.6%
Gross monthly income works out to about $7,868, and the 30% rule supports up to $2,360/mo in rent. Waseca's median rent of $990 leaves roughly $1,370/mo of headroom under that threshold. An accountant works roughly 21.8 hours a month to cover that rent.

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 Waseca, which improves the affordability math on an accountant salary:

Austin, MN
$988/mo (12.6% of income)
Austin, MN
$969/mo (12.3% of income)
Albert Lea, MN
$963/mo (12.2% of income)

Compare with full rent data for Waseca

View full rent data for Waseca, MN

Frequently asked questions

Can an accountant afford rent in Waseca, MN?

Median rent in Waseca is $990 a month. A typical accountant in Minnesota earns about $94,411 a year, which makes that rent 12.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can an accountant afford in Waseca?

Using the 30% rule, an accountant salary in Minnesota (~$94,411/yr) supports up to $2,360 a month in rent. Waseca's current median rent is $990/mo, which leaves a $1,370/mo buffer.

How many hours does an accountant work to cover rent in Waseca?

At an hourly equivalent of about $45 an hour, an accountant in Minnesota works roughly 21.8 hours a month to cover Waseca's median rent of $990.

Where is rent cheaper than Waseca for an accountant?

Nearby Minnesota cities with lower median rent include Austin ($988/mo), Austin ($969/mo), Albert Lea ($963/mo). Each shifts the affordability math materially on an accountant salary.

Methodology: Salary uses the BLS-derived Minnesota state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Waseca, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.