Can A Financial Analyst Afford Rent in Albany, NY?
Comfortably affordable — rent takes 16.4% of gross income.
Albany rent: June 2026. Salary: BLS OEWS May 2024 (New York 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 New York cities have lower median rent than Albany, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Albany
View full rent data for Albany, NY →Frequently asked questions
Can a financial analyst afford rent in Albany, NY?
Median rent in Albany is $1,611 a month. A typical financial analyst in New York earns about $117,808 a year, which makes that rent 16.4% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in Albany?
Using the 30% rule, a financial analyst salary in New York (~$117,808/yr) supports up to $2,945 a month in rent. Albany's current median rent is $1,611/mo, which leaves a $1,334/mo buffer.
How many hours does a financial analyst work to cover rent in Albany?
At an hourly equivalent of about $57 an hour, a financial analyst in New York works roughly 28.4 hours a month to cover Albany's median rent of $1,611.
Where is rent cheaper than Albany for a financial analyst?
Nearby New York cities with lower median rent include Syracuse ($1,609/mo), Canandaigua ($1,605/mo), Syracuse ($1,605/mo). Each shifts the affordability math materially on a financial analyst salary.