Can A Financial Analyst Afford Rent in Ellicott City, MD?

Comfortably affordable — rent takes 27.4% of gross income.

Ellicott City rent: June 2026. Salary: BLS OEWS May 2024 (Maryland state estimate).

Ellicott City median rent
$2,552/mo
Financial Analyst salary (Maryland)
$111,607/yr
Rent as % of income
27.4%
Gross monthly income works out to about $9,301, and the 30% rule supports up to $2,790/mo in rent. Ellicott City's median rent of $2,552 leaves roughly $238/mo of headroom under that threshold. A financial analyst works roughly 47.6 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 Maryland cities have lower median rent than Ellicott City, which improves the affordability math on a financial analyst salary:

Berlin, MD
$2,551/mo (27.4% of income)
Derwood, MD
$2,550/mo (27.4% of income)
Riverdale, MD
$2,547/mo (27.4% of income)

Compare with full rent data for Ellicott City

View full rent data for Ellicott City, MD

Frequently asked questions

Can a financial analyst afford rent in Ellicott City, MD?

Median rent in Ellicott City is $2,552 a month. A typical financial analyst in Maryland earns about $111,607 a year, which makes that rent 27.4% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Ellicott City?

Using the 30% rule, a financial analyst salary in Maryland (~$111,607/yr) supports up to $2,790 a month in rent. Ellicott City's current median rent is $2,552/mo, which leaves a $238/mo buffer.

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

At an hourly equivalent of about $54 an hour, a financial analyst in Maryland works roughly 47.6 hours a month to cover Ellicott City's median rent of $2,552.

Where is rent cheaper than Ellicott City for a financial analyst?

Nearby Maryland cities with lower median rent include Berlin ($2,551/mo), Derwood ($2,550/mo), Riverdale ($2,547/mo). Each shifts the affordability math materially on a financial analyst salary.

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