Can A Financial Analyst Afford Rent in Richmond, VA?
Comfortably affordable — rent takes 19.1% of gross income.
Richmond rent: June 2026. Salary: BLS OEWS May 2024 (Virginia 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 Virginia cities have lower median rent than Richmond, which improves the affordability math on a financial analyst salary:
Compare with full rent data for Richmond
View full rent data for Richmond, VA →Frequently asked questions
Can a financial analyst afford rent in Richmond, VA?
Median rent in Richmond is $1,682 a month. A typical financial analyst in Virginia earns about $105,407 a year, which makes that rent 19.1% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a financial analyst afford in Richmond?
Using the 30% rule, a financial analyst salary in Virginia (~$105,407/yr) supports up to $2,635 a month in rent. Richmond's current median rent is $1,682/mo, which leaves a $953/mo buffer.
How many hours does a financial analyst work to cover rent in Richmond?
At an hourly equivalent of about $51 an hour, a financial analyst in Virginia works roughly 33.2 hours a month to cover Richmond's median rent of $1,682.
Where is rent cheaper than Richmond for a financial analyst?
Nearby Virginia cities with lower median rent include Winchester ($1,681/mo), Christiansburg ($1,680/mo), East Highland Park ($1,680/mo). Each shifts the affordability math materially on a financial analyst salary.