Can A Financial Analyst Afford Rent in New Hope, MN?
Comfortably affordable — rent takes 16.1% of gross income.
New Hope 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 New Hope, which improves the affordability math on a financial analyst salary:
Compare with full rent data for New Hope
View full rent data for New Hope, MN →Frequently asked questions
Can a financial analyst afford rent in New Hope, MN?
Median rent in New Hope is $1,442 a month. A typical financial analyst in Minnesota earns about $107,474 a year, which makes that rent 16.1% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in New Hope?
Using the 30% rule, a financial analyst salary in Minnesota (~$107,474/yr) supports up to $2,687 a month in rent. New Hope's current median rent is $1,442/mo, which leaves a $1,245/mo buffer.
How many hours does a financial analyst work to cover rent in New Hope?
At an hourly equivalent of about $52 an hour, a financial analyst in Minnesota works roughly 27.9 hours a month to cover New Hope's median rent of $1,442.
Where is rent cheaper than New Hope for a financial analyst?
Nearby Minnesota cities with lower median rent include New Brighton ($1,441/mo), Fridley ($1,441/mo), Saint Paul ($1,439/mo). Each shifts the affordability math materially on a financial analyst salary.