Can A Financial Analyst Afford Rent in Durham, NC?

Comfortably affordable — rent takes 21% of gross income.

Durham rent: June 2026. Salary: BLS OEWS May 2024 (North Carolina state estimate).

Durham median rent
$1,700/mo
Financial Analyst salary (North Carolina)
$97,140/yr
Rent as % of income
21%
Gross monthly income works out to about $8,095, and the 30% rule supports up to $2,429/mo in rent. Durham's median rent of $1,700 leaves roughly $729/mo of headroom under that threshold. A financial analyst works roughly 36.4 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 North Carolina cities have lower median rent than Durham, which improves the affordability math on a financial analyst salary:

Knightdale, NC
$1,699/mo (21% of income)
Chapel Hill, NC
$1,699/mo (21% of income)
Morehead City, NC
$1,699/mo (21% of income)

Compare with full rent data for Durham

View full rent data for Durham, NC

Frequently asked questions

Can a financial analyst afford rent in Durham, NC?

Median rent in Durham is $1,700 a month. A typical financial analyst in North Carolina earns about $97,140 a year, which makes that rent 21% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Durham?

Using the 30% rule, a financial analyst salary in North Carolina (~$97,140/yr) supports up to $2,429 a month in rent. Durham's current median rent is $1,700/mo, which leaves a $729/mo buffer.

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

At an hourly equivalent of about $47 an hour, a financial analyst in North Carolina works roughly 36.4 hours a month to cover Durham's median rent of $1,700.

Where is rent cheaper than Durham for a financial analyst?

Nearby North Carolina cities with lower median rent include Knightdale ($1,699/mo), Chapel Hill ($1,699/mo), Morehead City ($1,699/mo). Each shifts the affordability math materially on a financial analyst salary.

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