Can A Financial Analyst Afford Rent in Cambridge, MA?
Stretched but workable — rent takes 36% of gross income.
Cambridge rent: June 2026. Salary: BLS OEWS May 2024 (Massachusetts 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 Massachusetts cities have lower median rent than Cambridge, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Cambridge
View full rent data for Cambridge, MA →Frequently asked questions
Can a financial analyst afford rent in Cambridge, MA?
Median rent in Cambridge is $3,598 a month. A typical financial analyst in Massachusetts earns about $119,874 a year, which makes that rent 36% 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 Cambridge?
Using the 30% rule, a financial analyst salary in Massachusetts (~$119,874/yr) supports up to $2,997 a month in rent. Cambridge's current median rent is $3,598/mo, which is $601/mo over the affordability threshold.
How many hours does a financial analyst work to cover rent in Cambridge?
At an hourly equivalent of about $58 an hour, a financial analyst in Massachusetts works roughly 62.4 hours a month to cover Cambridge's median rent of $3,598.
Where is rent cheaper than Cambridge for a financial analyst?
Nearby Massachusetts cities with lower median rent include Somerville ($3,589/mo), Concord ($3,588/mo), Concord ($3,570/mo). Each shifts the affordability math materially on a financial analyst salary.