Can A Financial Analyst Afford Rent in Burnsville, MN?

Comfortably affordable — rent takes 16.6% of gross income.

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

Burnsville median rent
$1,486/mo
Financial Analyst salary (Minnesota)
$107,474/yr
Rent as % of income
16.6%
Gross monthly income works out to about $8,956, and the 30% rule supports up to $2,687/mo in rent. Burnsville's median rent of $1,486 leaves roughly $1,201/mo of headroom under that threshold. A financial analyst works roughly 28.8 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 Burnsville, which improves the affordability math on a financial analyst salary:

Saint Paul, MN
$1,485/mo (16.6% of income)
Saint Paul, MN
$1,483/mo (16.6% of income)
Coon Rapids, MN
$1,481/mo (16.5% of income)

Compare with full rent data for Burnsville

View full rent data for Burnsville, MN

Frequently asked questions

Can a financial analyst afford rent in Burnsville, MN?

Median rent in Burnsville is $1,486 a month. A typical financial analyst in Minnesota earns about $107,474 a year, which makes that rent 16.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Burnsville?

Using the 30% rule, a financial analyst salary in Minnesota (~$107,474/yr) supports up to $2,687 a month in rent. Burnsville's current median rent is $1,486/mo, which leaves a $1,201/mo buffer.

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

At an hourly equivalent of about $52 an hour, a financial analyst in Minnesota works roughly 28.8 hours a month to cover Burnsville's median rent of $1,486.

Where is rent cheaper than Burnsville for a financial analyst?

Nearby Minnesota cities with lower median rent include Saint Paul ($1,485/mo), Saint Paul ($1,483/mo), Coon Rapids ($1,481/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 Burnsville, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.