Can A Financial Analyst Afford Rent in Rochester, MN?
Comfortably affordable — rent takes 19% of gross income.
Rochester 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 Rochester, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Rochester
View full rent data for Rochester, MN →Frequently asked questions
Can a financial analyst afford rent in Rochester, MN?
Median rent in Rochester is $1,702 a month. A typical financial analyst in Minnesota earns about $107,474 a year, which makes that rent 19% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in Rochester?
Using the 30% rule, a financial analyst salary in Minnesota (~$107,474/yr) supports up to $2,687 a month in rent. Rochester's current median rent is $1,702/mo, which leaves a $985/mo buffer.
How many hours does a financial analyst work to cover rent in Rochester?
At an hourly equivalent of about $52 an hour, a financial analyst in Minnesota works roughly 32.9 hours a month to cover Rochester's median rent of $1,702.
Where is rent cheaper than Rochester for a financial analyst?
Nearby Minnesota cities with lower median rent include Oakdale ($1,701/mo), Coon Rapids ($1,700/mo), Saint Louis Park ($1,698/mo). Each shifts the affordability math materially on a financial analyst salary.