Can A Financial Analyst Afford Rent in Penfield, NY?
Comfortably affordable — rent takes 16.8% of gross income.
Penfield 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 Penfield, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Penfield
View full rent data for Penfield, NY →Frequently asked questions
Can a financial analyst afford rent in Penfield, NY?
Median rent in Penfield is $1,647 a month. A typical financial analyst in New York earns about $117,808 a year, which makes that rent 16.8% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in Penfield?
Using the 30% rule, a financial analyst salary in New York (~$117,808/yr) supports up to $2,945 a month in rent. Penfield's current median rent is $1,647/mo, which leaves a $1,298/mo buffer.
How many hours does a financial analyst work to cover rent in Penfield?
At an hourly equivalent of about $57 an hour, a financial analyst in New York works roughly 29.1 hours a month to cover Penfield's median rent of $1,647.
Where is rent cheaper than Penfield for a financial analyst?
Nearby New York cities with lower median rent include Albany ($1,646/mo), Cohoes ($1,646/mo), Canandaigua ($1,640/mo). Each shifts the affordability math materially on a financial analyst salary.