Can A Financial Analyst Afford Rent in Monterey Park, CA?
Comfortably affordable — rent takes 25% of gross income.
Monterey Park rent: June 2026. Salary: BLS OEWS May 2024 (California state estimate).
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 Monterey Park, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Monterey Park
View full rent data for Monterey Park, CA →Frequently asked questions
Can a financial analyst afford rent in Monterey Park, CA?
Median rent in Monterey Park is $2,545 a month. A typical financial analyst in California earns about $121,941 a year, which makes that rent 25% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in Monterey Park?
Using the 30% rule, a financial analyst salary in California (~$121,941/yr) supports up to $3,049 a month in rent. Monterey Park's current median rent is $2,545/mo, which leaves a $504/mo buffer.
How many hours does a financial analyst work to cover rent in Monterey Park?
At an hourly equivalent of about $59 an hour, a financial analyst in California works roughly 43.4 hours a month to cover Monterey Park's median rent of $2,545.
Where is rent cheaper than Monterey Park for a financial analyst?
Nearby California cities with lower median rent include Garden Grove ($2,544/mo), Concord ($2,544/mo), Oakland ($2,544/mo). Each shifts the affordability math materially on a financial analyst salary.