Can A Financial Analyst Afford Rent in Austin, MN?
Comfortably affordable — rent takes 10.6% of gross income.
Austin rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).
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 Austin, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Austin
View full rent data for Austin, MN →Frequently asked questions
Can a financial analyst afford rent in Austin, MN?
Median rent in Austin is $947 a month. A typical financial analyst in Minnesota earns about $107,474 a year, which makes that rent 10.6% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in Austin?
Using the 30% rule, a financial analyst salary in Minnesota (~$107,474/yr) supports up to $2,687 a month in rent. Austin's current median rent is $947/mo, which leaves a $1,740/mo buffer.
How many hours does a financial analyst work to cover rent in Austin?
At an hourly equivalent of about $52 an hour, a financial analyst in Minnesota works roughly 18.3 hours a month to cover Austin's median rent of $947.
Where is rent cheaper than Austin for a financial analyst?
Nearby Minnesota cities with lower median rent include Albert Lea ($923/mo), Saint Cloud ($905/mo), Saint Cloud ($872/mo). Each shifts the affordability math materially on a financial analyst salary.