Can A Financial Analyst Afford Rent in Orono, ME?

Comfortably affordable — rent takes 20.3% of gross income.

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

Orono median rent
$1,625/mo
Financial Analyst salary (Maine)
$96,106/yr
Rent as % of income
20.3%
Gross monthly income works out to about $8,009, and the 30% rule supports up to $2,403/mo in rent. Orono's median rent of $1,625 leaves roughly $778/mo of headroom under that threshold. A financial analyst works roughly 35.2 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 Maine cities have lower median rent than Orono, which improves the affordability math on a financial analyst salary:

Auburn, ME
$1,622/mo (20.3% of income)
Springvale, ME
$1,620/mo (20.2% of income)
Auburn, ME
$1,611/mo (20.1% of income)

Compare with full rent data for Orono

View full rent data for Orono, ME

Frequently asked questions

Can a financial analyst afford rent in Orono, ME?

Median rent in Orono is $1,625 a month. A typical financial analyst in Maine earns about $96,106 a year, which makes that rent 20.3% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Orono?

Using the 30% rule, a financial analyst salary in Maine (~$96,106/yr) supports up to $2,403 a month in rent. Orono's current median rent is $1,625/mo, which leaves a $778/mo buffer.

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

At an hourly equivalent of about $46 an hour, a financial analyst in Maine works roughly 35.2 hours a month to cover Orono's median rent of $1,625.

Where is rent cheaper than Orono for a financial analyst?

Nearby Maine cities with lower median rent include Auburn ($1,622/mo), Springvale ($1,620/mo), Auburn ($1,611/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 Orono, ME. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.