Can A Financial Analyst Afford Rent in Dover, DE?

Comfortably affordable — rent takes 18.4% of gross income.

Dover rent: June 2026. Salary: BLS OEWS May 2024 (Delaware state estimate).

Dover median rent
$1,619/mo
Financial Analyst salary (Delaware)
$105,407/yr
Rent as % of income
18.4%
Gross monthly income works out to about $8,784, and the 30% rule supports up to $2,635/mo in rent. Dover's median rent of $1,619 leaves roughly $1,016/mo of headroom under that threshold. A financial analyst works roughly 31.9 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 Delaware cities have lower median rent than Dover, which improves the affordability math on a financial analyst salary:

Claymont, DE
$1,616/mo (18.4% of income)
Claymont, DE
$1,613/mo (18.4% of income)
Claymont, DE
$1,611/mo (18.3% of income)

Compare with full rent data for Dover

View full rent data for Dover, DE

Frequently asked questions

Can a financial analyst afford rent in Dover, DE?

Median rent in Dover is $1,619 a month. A typical financial analyst in Delaware earns about $105,407 a year, which makes that rent 18.4% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Dover?

Using the 30% rule, a financial analyst salary in Delaware (~$105,407/yr) supports up to $2,635 a month in rent. Dover's current median rent is $1,619/mo, which leaves a $1,016/mo buffer.

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

At an hourly equivalent of about $51 an hour, a financial analyst in Delaware works roughly 31.9 hours a month to cover Dover's median rent of $1,619.

Where is rent cheaper than Dover for a financial analyst?

Nearby Delaware cities with lower median rent include Claymont ($1,616/mo), Claymont ($1,613/mo), Claymont ($1,611/mo). Each shifts the affordability math materially on a financial analyst salary.

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