Can A Financial Analyst Afford Rent in Radford, VA?

Comfortably affordable — rent takes 17.1% of gross income.

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

Radford median rent
$1,503/mo
Financial Analyst salary (Virginia)
$105,407/yr
Rent as % of income
17.1%
Gross monthly income works out to about $8,784, and the 30% rule supports up to $2,635/mo in rent. Radford's median rent of $1,503 leaves roughly $1,132/mo of headroom under that threshold. A financial analyst works roughly 29.7 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 Radford, which improves the affordability math on a financial analyst salary:

Portsmouth, VA
$1,500/mo (17.1% of income)
Newport News, VA
$1,499/mo (17.1% of income)
Staunton, VA
$1,499/mo (17.1% of income)

Compare with full rent data for Radford

View full rent data for Radford, VA

Frequently asked questions

Can a financial analyst afford rent in Radford, VA?

Median rent in Radford is $1,503 a month. A typical financial analyst in Virginia earns about $105,407 a year, which makes that rent 17.1% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Radford?

Using the 30% rule, a financial analyst salary in Virginia (~$105,407/yr) supports up to $2,635 a month in rent. Radford's current median rent is $1,503/mo, which leaves a $1,132/mo buffer.

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

At an hourly equivalent of about $51 an hour, a financial analyst in Virginia works roughly 29.7 hours a month to cover Radford's median rent of $1,503.

Where is rent cheaper than Radford for a financial analyst?

Nearby Virginia cities with lower median rent include Portsmouth ($1,500/mo), Newport News ($1,499/mo), Staunton ($1,499/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 Radford, VA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.