Can A Financial Analyst Afford Rent in South Portland, ME?

Stretched but workable — rent takes 31.6% of gross income.

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

South Portland median rent
$2,533/mo
Financial Analyst salary (Maine)
$96,106/yr
Rent as % of income
31.6%
Gross monthly income works out to about $8,009, and the 30% rule supports up to $2,403/mo in rent. South Portland's median rent of $2,533 exceeds that threshold by $130/mo, putting a financial analyst salary into the rent-burdened range here. A financial analyst works roughly 54.8 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 South Portland, which improves the affordability math on a financial analyst salary:

Freeport, ME
$2,532/mo (31.6% of income)
Yarmouth, ME
$2,518/mo (31.4% of income)
Kittery, ME
$2,472/mo (30.9% of income)

Compare with full rent data for South Portland

View full rent data for South Portland, ME

Frequently asked questions

Can a financial analyst afford rent in South Portland, ME?

Median rent in South Portland is $2,533 a month. A typical financial analyst in Maine earns about $96,106 a year, which makes that rent 31.6% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a financial analyst afford in South Portland?

Using the 30% rule, a financial analyst salary in Maine (~$96,106/yr) supports up to $2,403 a month in rent. South Portland's current median rent is $2,533/mo, which is $130/mo over the affordability threshold.

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

At an hourly equivalent of about $46 an hour, a financial analyst in Maine works roughly 54.8 hours a month to cover South Portland's median rent of $2,533.

Where is rent cheaper than South Portland for a financial analyst?

Nearby Maine cities with lower median rent include Freeport ($2,532/mo), Yarmouth ($2,518/mo), Kittery ($2,472/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 South Portland, ME. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.