Can A Financial Analyst Afford Rent in Towson, MD?

Comfortably affordable — rent takes 20.8% of gross income.

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

Towson median rent
$1,932/mo
Financial Analyst salary (Maryland)
$111,607/yr
Rent as % of income
20.8%
Gross monthly income works out to about $9,301, and the 30% rule supports up to $2,790/mo in rent. Towson's median rent of $1,932 leaves roughly $858/mo of headroom under that threshold. A financial analyst works roughly 36 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 Towson, which improves the affordability math on a financial analyst salary:

Rockville, MD
$1,921/mo (20.7% of income)
Pasadena, MD
$1,920/mo (20.6% of income)
Bel Air, MD
$1,920/mo (20.6% of income)

Compare with full rent data for Towson

View full rent data for Towson, MD

Frequently asked questions

Can a financial analyst afford rent in Towson, MD?

Median rent in Towson is $1,932 a month. A typical financial analyst in Maryland earns about $111,607 a year, which makes that rent 20.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Towson?

Using the 30% rule, a financial analyst salary in Maryland (~$111,607/yr) supports up to $2,790 a month in rent. Towson's current median rent is $1,932/mo, which leaves a $858/mo buffer.

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

At an hourly equivalent of about $54 an hour, a financial analyst in Maryland works roughly 36 hours a month to cover Towson's median rent of $1,932.

Where is rent cheaper than Towson for a financial analyst?

Nearby Maryland cities with lower median rent include Rockville ($1,921/mo), Pasadena ($1,920/mo), Bel Air ($1,920/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 Towson, MD. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.