Can A Financial Analyst Afford Rent in Farragut, TN?

Comfortably affordable — rent takes 25.6% of gross income.

Farragut rent: June 2026. Salary: BLS OEWS May 2024 (Tennessee state estimate).

Farragut median rent
$2,026/mo
Financial Analyst salary (Tennessee)
$95,073/yr
Rent as % of income
25.6%
Gross monthly income works out to about $7,923, and the 30% rule supports up to $2,377/mo in rent. Farragut's median rent of $2,026 leaves roughly $351/mo of headroom under that threshold. A financial analyst works roughly 44.3 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 Tennessee cities have lower median rent than Farragut, which improves the affordability math on a financial analyst salary:

Franklin, TN
$2,025/mo (25.6% of income)
Collierville, TN
$2,021/mo (25.5% of income)
La Vergne, TN
$2,019/mo (25.5% of income)

Compare with full rent data for Farragut

View full rent data for Farragut, TN

Frequently asked questions

Can a financial analyst afford rent in Farragut, TN?

Median rent in Farragut is $2,026 a month. A typical financial analyst in Tennessee earns about $95,073 a year, which makes that rent 25.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Farragut?

Using the 30% rule, a financial analyst salary in Tennessee (~$95,073/yr) supports up to $2,377 a month in rent. Farragut's current median rent is $2,026/mo, which leaves a $351/mo buffer.

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

At an hourly equivalent of about $46 an hour, a financial analyst in Tennessee works roughly 44.3 hours a month to cover Farragut's median rent of $2,026.

Where is rent cheaper than Farragut for a financial analyst?

Nearby Tennessee cities with lower median rent include Franklin ($2,025/mo), Collierville ($2,021/mo), La Vergne ($2,019/mo). Each shifts the affordability math materially on a financial analyst salary.

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