Can A Financial Analyst Afford Rent in Albany, CA?

Stretched but workable — rent takes 30.6% of gross income.

Albany rent: June 2026. Salary: BLS OEWS May 2024 (California state estimate).

Albany median rent
$3,107/mo
Financial Analyst salary (California)
$121,941/yr
Rent as % of income
30.6%
Gross monthly income works out to about $10,162, and the 30% rule supports up to $3,049/mo in rent. Albany's median rent of $3,107 exceeds that threshold by $58/mo, putting a financial analyst salary into the rent-burdened range here. A financial analyst works roughly 53 hours a month to cover that rent.

About rent and a financial analyst salary

Financial analyst pay covers comfortable rent in most US cities. At the national-average financial-analyst salary, the 30% rule supports about $2,584 a month in rent, which is above the median in nearly every metro tracked here.

Cheaper rent nearby

These California cities have lower median rent than Albany, which improves the affordability math on a financial analyst salary:

Laguna Niguel, CA
$3,106/mo (30.6% of income)
Los Alamitos, CA
$3,106/mo (30.6% of income)
San Jose, CA
$3,105/mo (30.6% of income)

Compare with full rent data for Albany

View full rent data for Albany, CA

Frequently asked questions

Can a financial analyst afford rent in Albany, CA?

Median rent in Albany is $3,107 a month. A typical financial analyst in California earns about $121,941 a year, which makes that rent 30.6% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a financial analyst afford in Albany?

Using the 30% rule, a financial analyst salary in California (~$121,941/yr) supports up to $3,049 a month in rent. Albany's current median rent is $3,107/mo, which is $58/mo over the affordability threshold.

How many hours does a financial analyst work to cover rent in Albany?

At an hourly equivalent of about $59 an hour, a financial analyst in California works roughly 53 hours a month to cover Albany's median rent of $3,107.

Where is rent cheaper than Albany for a financial analyst?

Nearby California cities with lower median rent include Laguna Niguel ($3,106/mo), Los Alamitos ($3,106/mo), San Jose ($3,105/mo). Each shifts the affordability math materially on a financial analyst salary.

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