Can A Financial Analyst Afford Rent in Apple Valley, MN?

Comfortably affordable — rent takes 21.8% of gross income.

Apple Valley rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Apple Valley median rent
$1,955/mo
Financial Analyst salary (Minnesota)
$107,474/yr
Rent as % of income
21.8%
Gross monthly income works out to about $8,956, and the 30% rule supports up to $2,687/mo in rent. Apple Valley's median rent of $1,955 leaves roughly $732/mo of headroom under that threshold. A financial analyst works roughly 37.8 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 Minnesota cities have lower median rent than Apple Valley, which improves the affordability math on a financial analyst salary:

Saint Michael, MN
$1,954/mo (21.8% of income)
Rosemount, MN
$1,954/mo (21.8% of income)
Blaine, MN
$1,952/mo (21.8% of income)

Compare with full rent data for Apple Valley

View full rent data for Apple Valley, MN

Frequently asked questions

Can a financial analyst afford rent in Apple Valley, MN?

Median rent in Apple Valley is $1,955 a month. A typical financial analyst in Minnesota earns about $107,474 a year, which makes that rent 21.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Apple Valley?

Using the 30% rule, a financial analyst salary in Minnesota (~$107,474/yr) supports up to $2,687 a month in rent. Apple Valley's current median rent is $1,955/mo, which leaves a $732/mo buffer.

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

At an hourly equivalent of about $52 an hour, a financial analyst in Minnesota works roughly 37.8 hours a month to cover Apple Valley's median rent of $1,955.

Where is rent cheaper than Apple Valley for a financial analyst?

Nearby Minnesota cities with lower median rent include Saint Michael ($1,954/mo), Rosemount ($1,954/mo), Blaine ($1,952/mo). Each shifts the affordability math materially on a financial analyst salary.

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