Can A Financial Analyst Afford Rent in Biddeford, ME?

Comfortably affordable — rent takes 24.7% of gross income.

Biddeford rent: June 2026. Salary: BLS OEWS May 2024 (Maine state estimate).

Biddeford median rent
$1,982/mo
Financial Analyst salary (Maine)
$96,106/yr
Rent as % of income
24.7%
Gross monthly income works out to about $8,009, and the 30% rule supports up to $2,403/mo in rent. Biddeford's median rent of $1,982 leaves roughly $421/mo of headroom under that threshold. A financial analyst works roughly 42.9 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 Maine cities have lower median rent than Biddeford, which improves the affordability math on a financial analyst salary:

Orono, ME
$1,975/mo (24.7% of income)
Brunswick, ME
$1,971/mo (24.6% of income)
Old Orchard Beach, ME
$1,918/mo (23.9% of income)

Compare with full rent data for Biddeford

View full rent data for Biddeford, ME

Frequently asked questions

Can a financial analyst afford rent in Biddeford, ME?

Median rent in Biddeford is $1,982 a month. A typical financial analyst in Maine earns about $96,106 a year, which makes that rent 24.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Biddeford?

Using the 30% rule, a financial analyst salary in Maine (~$96,106/yr) supports up to $2,403 a month in rent. Biddeford's current median rent is $1,982/mo, which leaves a $421/mo buffer.

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

At an hourly equivalent of about $46 an hour, a financial analyst in Maine works roughly 42.9 hours a month to cover Biddeford's median rent of $1,982.

Where is rent cheaper than Biddeford for a financial analyst?

Nearby Maine cities with lower median rent include Orono ($1,975/mo), Brunswick ($1,971/mo), Old Orchard Beach ($1,918/mo). Each shifts the affordability math materially on a financial analyst salary.

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