Can A Financial Analyst Afford Rent in Newport, RI?
Stretched but workable — rent takes 35.3% of gross income.
Newport rent: June 2026. Salary: BLS OEWS May 2024 (Rhode Island 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 Rhode Island cities have lower median rent than Newport, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Newport
View full rent data for Newport, RI →Frequently asked questions
Can a financial analyst afford rent in Newport, RI?
Median rent in Newport is $3,163 a month. A typical financial analyst in Rhode Island earns about $107,474 a year, which makes that rent 35.3% 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 Newport?
Using the 30% rule, a financial analyst salary in Rhode Island (~$107,474/yr) supports up to $2,687 a month in rent. Newport's current median rent is $3,163/mo, which is $476/mo over the affordability threshold.
How many hours does a financial analyst work to cover rent in Newport?
At an hourly equivalent of about $52 an hour, a financial analyst in Rhode Island works roughly 61.2 hours a month to cover Newport's median rent of $3,163.
Where is rent cheaper than Newport for a financial analyst?
Nearby Rhode Island cities with lower median rent include Narragansett ($3,158/mo), Portsmouth ($3,149/mo), Middletown ($3,140/mo). Each shifts the affordability math materially on a financial analyst salary.