Can A Financial Analyst Afford Rent in Springfield, TN?
Comfortably affordable — rent takes 19.6% of gross income.
Springfield rent: June 2026. Salary: BLS OEWS May 2024 (Tennessee 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 Tennessee cities have lower median rent than Springfield, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Springfield
View full rent data for Springfield, TN →Frequently asked questions
Can a financial analyst afford rent in Springfield, TN?
Median rent in Springfield is $1,554 a month. A typical financial analyst in Tennessee earns about $95,073 a year, which makes that rent 19.6% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in Springfield?
Using the 30% rule, a financial analyst salary in Tennessee (~$95,073/yr) supports up to $2,377 a month in rent. Springfield's current median rent is $1,554/mo, which leaves a $823/mo buffer.
How many hours does a financial analyst work to cover rent in Springfield?
At an hourly equivalent of about $46 an hour, a financial analyst in Tennessee works roughly 34 hours a month to cover Springfield's median rent of $1,554.
Where is rent cheaper than Springfield for a financial analyst?
Nearby Tennessee cities with lower median rent include Millington ($1,552/mo), Cookeville ($1,546/mo), Millington ($1,545/mo). Each shifts the affordability math materially on a financial analyst salary.