Can A Financial Analyst Afford Rent in New York, NY?
Rent-burdened — rent takes 42.1% of gross income.
New York 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 New York, which improves the affordability math on a financial analyst salary:
Compare with full rent data for New York
View full rent data for New York, NY →Frequently asked questions
Can a financial analyst afford rent in New York, NY?
Median rent in New York is $4,133 a month. A typical financial analyst in New York earns about $117,808 a year, which makes that rent 42.1% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a financial analyst afford in New York?
Using the 30% rule, a financial analyst salary in New York (~$117,808/yr) supports up to $2,945 a month in rent. New York's current median rent is $4,133/mo, which is $1,188/mo over the affordability threshold.
How many hours does a financial analyst work to cover rent in New York?
At an hourly equivalent of about $57 an hour, a financial analyst in New York works roughly 73 hours a month to cover New York's median rent of $4,133.
Where is rent cheaper than New York for a financial analyst?
Nearby New York cities with lower median rent include Port Washington ($4,117/mo), New Hyde Park ($4,111/mo), Port Washington ($4,100/mo). Each shifts the affordability math materially on a financial analyst salary.