Can An Accountant Afford Rent in Albany, NY?
Comfortably affordable — rent takes 18.7% of gross income.
Albany rent: June 2026. Salary: BLS OEWS May 2024 (New York 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 New York cities have lower median rent than Albany, which improves the affordability math on an accountant salary:
Compare with full rent data for Albany
View full rent data for Albany, NY →Frequently asked questions
Can an accountant afford rent in Albany, NY?
Median rent in Albany is $1,611 a month. A typical accountant in New York earns about $103,489 a year, which makes that rent 18.7% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can an accountant afford in Albany?
Using the 30% rule, an accountant salary in New York (~$103,489/yr) supports up to $2,587 a month in rent. Albany's current median rent is $1,611/mo, which leaves a $976/mo buffer.
How many hours does an accountant work to cover rent in Albany?
At an hourly equivalent of about $50 an hour, an accountant in New York works roughly 32.4 hours a month to cover Albany's median rent of $1,611.
Where is rent cheaper than Albany for an accountant?
Nearby New York cities with lower median rent include Syracuse ($1,609/mo), Canandaigua ($1,605/mo), Syracuse ($1,605/mo). Each shifts the affordability math materially on an accountant salary.