Can A Financial Analyst Afford Rent in Minot, ND?

Comfortably affordable — rent takes 13.7% of gross income.

Minot rent: June 2026. Salary: BLS OEWS May 2024 (North Dakota state estimate).

Minot median rent
$1,143/mo
Financial Analyst salary (North Dakota)
$100,240/yr
Rent as % of income
13.7%
Gross monthly income works out to about $8,353, and the 30% rule supports up to $2,506/mo in rent. Minot's median rent of $1,143 leaves roughly $1,363/mo of headroom under that threshold. A financial analyst works roughly 23.7 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 Dakota cities have lower median rent than Minot, which improves the affordability math on a financial analyst salary:

Mandan, ND
$1,141/mo (13.7% of income)
Grand Forks, ND
$1,138/mo (13.6% of income)
Mandan, ND
$1,132/mo (13.6% of income)

Compare with full rent data for Minot

View full rent data for Minot, ND

Frequently asked questions

Can a financial analyst afford rent in Minot, ND?

Median rent in Minot is $1,143 a month. A typical financial analyst in North Dakota earns about $100,240 a year, which makes that rent 13.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Minot?

Using the 30% rule, a financial analyst salary in North Dakota (~$100,240/yr) supports up to $2,506 a month in rent. Minot's current median rent is $1,143/mo, which leaves a $1,363/mo buffer.

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

At an hourly equivalent of about $48 an hour, a financial analyst in North Dakota works roughly 23.7 hours a month to cover Minot's median rent of $1,143.

Where is rent cheaper than Minot for a financial analyst?

Nearby North Dakota cities with lower median rent include Mandan ($1,141/mo), Grand Forks ($1,138/mo), Mandan ($1,132/mo). Each shifts the affordability math materially on a financial analyst salary.

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