Can A Financial Analyst Afford Rent in Ottawa, IL?
Comfortably affordable — rent takes 15.8% of gross income.
Ottawa rent: June 2026. Salary: BLS OEWS May 2024 (Illinois 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 Illinois cities have lower median rent than Ottawa, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Ottawa
View full rent data for Ottawa, IL →Frequently asked questions
Can a financial analyst afford rent in Ottawa, IL?
Median rent in Ottawa is $1,391 a month. A typical financial analyst in Illinois earns about $105,407 a year, which makes that rent 15.8% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in Ottawa?
Using the 30% rule, a financial analyst salary in Illinois (~$105,407/yr) supports up to $2,635 a month in rent. Ottawa's current median rent is $1,391/mo, which leaves a $1,244/mo buffer.
How many hours does a financial analyst work to cover rent in Ottawa?
At an hourly equivalent of about $51 an hour, a financial analyst in Illinois works roughly 27.4 hours a month to cover Ottawa's median rent of $1,391.
Where is rent cheaper than Ottawa for a financial analyst?
Nearby Illinois cities with lower median rent include Swansea ($1,390/mo), Saint Charles ($1,390/mo), Cahokia ($1,390/mo). Each shifts the affordability math materially on a financial analyst salary.