Can A Financial Analyst Afford Rent in Suffolk, VA?

Comfortably affordable — rent takes 22.7% of gross income.

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

Suffolk median rent
$1,993/mo
Financial Analyst salary (Virginia)
$105,407/yr
Rent as % of income
22.7%
Gross monthly income works out to about $8,784, and the 30% rule supports up to $2,635/mo in rent. Suffolk's median rent of $1,993 leaves roughly $642/mo of headroom under that threshold. A financial analyst works roughly 39.3 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 Virginia cities have lower median rent than Suffolk, which improves the affordability math on a financial analyst salary:

Blacksburg, VA
$1,987/mo (22.6% of income)
Charlottesville, VA
$1,986/mo (22.6% of income)
Stephens City, VA
$1,985/mo (22.6% of income)

Compare with full rent data for Suffolk

View full rent data for Suffolk, VA

Frequently asked questions

Can a financial analyst afford rent in Suffolk, VA?

Median rent in Suffolk is $1,993 a month. A typical financial analyst in Virginia earns about $105,407 a year, which makes that rent 22.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Suffolk?

Using the 30% rule, a financial analyst salary in Virginia (~$105,407/yr) supports up to $2,635 a month in rent. Suffolk's current median rent is $1,993/mo, which leaves a $642/mo buffer.

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

At an hourly equivalent of about $51 an hour, a financial analyst in Virginia works roughly 39.3 hours a month to cover Suffolk's median rent of $1,993.

Where is rent cheaper than Suffolk for a financial analyst?

Nearby Virginia cities with lower median rent include Blacksburg ($1,987/mo), Charlottesville ($1,986/mo), Stephens City ($1,985/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 Suffolk, VA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.