Can A Financial Analyst Afford Rent in Summerville, SC?

Comfortably affordable — rent takes 25% of gross income.

Summerville rent: June 2026. Salary: BLS OEWS May 2024 (South Carolina state estimate).

Summerville median rent
$1,896/mo
Financial Analyst salary (South Carolina)
$90,939/yr
Rent as % of income
25%
Gross monthly income works out to about $7,578, and the 30% rule supports up to $2,273/mo in rent. Summerville's median rent of $1,896 leaves roughly $377/mo of headroom under that threshold. A financial analyst works roughly 43.4 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 South Carolina cities have lower median rent than Summerville, which improves the affordability math on a financial analyst salary:

Murrells Inlet, SC
$1,894/mo (25% of income)
Clover, SC
$1,894/mo (25% of income)
Clover, SC
$1,894/mo (25% of income)

Compare with full rent data for Summerville

View full rent data for Summerville, SC

Frequently asked questions

Can a financial analyst afford rent in Summerville, SC?

Median rent in Summerville is $1,896 a month. A typical financial analyst in South Carolina earns about $90,939 a year, which makes that rent 25% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Summerville?

Using the 30% rule, a financial analyst salary in South Carolina (~$90,939/yr) supports up to $2,273 a month in rent. Summerville's current median rent is $1,896/mo, which leaves a $377/mo buffer.

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

At an hourly equivalent of about $44 an hour, a financial analyst in South Carolina works roughly 43.4 hours a month to cover Summerville's median rent of $1,896.

Where is rent cheaper than Summerville for a financial analyst?

Nearby South Carolina cities with lower median rent include Murrells Inlet ($1,894/mo), Clover ($1,894/mo), Clover ($1,894/mo). Each shifts the affordability math materially on a financial analyst salary.

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