Can A Financial Analyst Afford Rent in Lowell, MA?

Comfortably affordable — rent takes 23.2% of gross income.

Lowell rent: June 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).

Lowell median rent
$2,316/mo
Financial Analyst salary (Massachusetts)
$119,874/yr
Rent as % of income
23.2%
Gross monthly income works out to about $9,990, and the 30% rule supports up to $2,997/mo in rent. Lowell's median rent of $2,316 leaves roughly $681/mo of headroom under that threshold. A financial analyst works roughly 40.2 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 Massachusetts cities have lower median rent than Lowell, which improves the affordability math on a financial analyst salary:

Clinton, MA
$2,313/mo (23.2% of income)
Northampton, MA
$2,312/mo (23.1% of income)
Northampton, MA
$2,310/mo (23.1% of income)

Compare with full rent data for Lowell

View full rent data for Lowell, MA

Frequently asked questions

Can a financial analyst afford rent in Lowell, MA?

Median rent in Lowell is $2,316 a month. A typical financial analyst in Massachusetts earns about $119,874 a year, which makes that rent 23.2% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Lowell?

Using the 30% rule, a financial analyst salary in Massachusetts (~$119,874/yr) supports up to $2,997 a month in rent. Lowell's current median rent is $2,316/mo, which leaves a $681/mo buffer.

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

At an hourly equivalent of about $58 an hour, a financial analyst in Massachusetts works roughly 40.2 hours a month to cover Lowell's median rent of $2,316.

Where is rent cheaper than Lowell for a financial analyst?

Nearby Massachusetts cities with lower median rent include Clinton ($2,313/mo), Northampton ($2,312/mo), Northampton ($2,310/mo). Each shifts the affordability math materially on a financial analyst salary.

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