Can A Financial Analyst Afford Rent in Cleveland, OH?

Comfortably affordable — rent takes 17.7% of gross income.

Cleveland rent: June 2026. Salary: BLS OEWS May 2024 (Ohio state estimate).

Cleveland median rent
$1,430/mo
Financial Analyst salary (Ohio)
$97,140/yr
Rent as % of income
17.7%
Gross monthly income works out to about $8,095, and the 30% rule supports up to $2,429/mo in rent. Cleveland's median rent of $1,430 leaves roughly $999/mo of headroom under that threshold. A financial analyst works roughly 30.6 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 Ohio cities have lower median rent than Cleveland, which improves the affordability math on a financial analyst salary:

Parma, OH
$1,429/mo (17.7% of income)
Parma, OH
$1,428/mo (17.6% of income)
North Canton, OH
$1,428/mo (17.6% of income)

Compare with full rent data for Cleveland

View full rent data for Cleveland, OH

Frequently asked questions

Can a financial analyst afford rent in Cleveland, OH?

Median rent in Cleveland is $1,430 a month. A typical financial analyst in Ohio earns about $97,140 a year, which makes that rent 17.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Cleveland?

Using the 30% rule, a financial analyst salary in Ohio (~$97,140/yr) supports up to $2,429 a month in rent. Cleveland's current median rent is $1,430/mo, which leaves a $999/mo buffer.

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

At an hourly equivalent of about $47 an hour, a financial analyst in Ohio works roughly 30.6 hours a month to cover Cleveland's median rent of $1,430.

Where is rent cheaper than Cleveland for a financial analyst?

Nearby Ohio cities with lower median rent include Parma ($1,429/mo), Parma ($1,428/mo), North Canton ($1,428/mo). Each shifts the affordability math materially on a financial analyst salary.

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