Can A Financial Analyst Afford Rent in Madison Heights, VA?

Comfortably affordable — rent takes 15.4% of gross income.

Madison Heights rent: June 2026. Salary: BLS OEWS May 2024 (Virginia state estimate).

Madison Heights median rent
$1,351/mo
Financial Analyst salary (Virginia)
$105,407/yr
Rent as % of income
15.4%
Gross monthly income works out to about $8,784, and the 30% rule supports up to $2,635/mo in rent. Madison Heights's median rent of $1,351 leaves roughly $1,284/mo of headroom under that threshold. A financial analyst works roughly 26.7 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 Virginia cities have lower median rent than Madison Heights, which improves the affordability math on a financial analyst salary:

Hopewell, VA
$1,348/mo (15.3% of income)
Staunton, VA
$1,348/mo (15.3% of income)
Roanoke, VA
$1,345/mo (15.3% of income)

Compare with full rent data for Madison Heights

View full rent data for Madison Heights, VA

Frequently asked questions

Can a financial analyst afford rent in Madison Heights, VA?

Median rent in Madison Heights is $1,351 a month. A typical financial analyst in Virginia earns about $105,407 a year, which makes that rent 15.4% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Madison Heights?

Using the 30% rule, a financial analyst salary in Virginia (~$105,407/yr) supports up to $2,635 a month in rent. Madison Heights's current median rent is $1,351/mo, which leaves a $1,284/mo buffer.

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

At an hourly equivalent of about $51 an hour, a financial analyst in Virginia works roughly 26.7 hours a month to cover Madison Heights's median rent of $1,351.

Where is rent cheaper than Madison Heights for a financial analyst?

Nearby Virginia cities with lower median rent include Hopewell ($1,348/mo), Staunton ($1,348/mo), Roanoke ($1,345/mo). Each shifts the affordability math materially on a financial analyst salary.

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