Can A Firefighter Afford Rent in Golden Valley, MN?

Stretched but workable — rent takes 36.8% of gross income.

Golden Valley rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Golden Valley median rent
$2,001/mo
Firefighter salary (Minnesota)
$65,322/yr
Rent as % of income
36.8%
Gross monthly income works out to about $5,444, and the 30% rule supports up to $1,633/mo in rent. Golden Valley's median rent of $2,001 exceeds that threshold by $368/mo, putting a firefighter salary into the rent-burdened range here. A firefighter works roughly 63.7 hours a month to cover that rent.

About rent and a firefighter salary

Firefighter base pay plus typical overtime sits modestly above the US median household income, but local rent levels determine whether that translates into affordability or rent burden. At the national-average firefighter base salary, the 30% rule supports about $1,570 a month in rent. The per-city pages compare local rent against local firefighter-pay estimates so renters can see where rent stays in range.

Cheaper rent nearby

These Minnesota cities have lower median rent than Golden Valley, which improves the affordability math on a firefighter salary:

Edina, MN
$1,999/mo (36.7% of income)
Rosemount, MN
$1,998/mo (36.7% of income)
Rosemount, MN
$1,996/mo (36.7% of income)

Compare with full rent data for Golden Valley

View full rent data for Golden Valley, MN

Frequently asked questions

Can a firefighter afford rent in Golden Valley, MN?

Median rent in Golden Valley is $2,001 a month. A typical firefighter in Minnesota earns about $65,322 a year, which makes that rent 36.8% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a firefighter afford in Golden Valley?

Using the 30% rule, a firefighter salary in Minnesota (~$65,322/yr) supports up to $1,633 a month in rent. Golden Valley's current median rent is $2,001/mo, which is $368/mo over the affordability threshold.

How many hours does a firefighter work to cover rent in Golden Valley?

At an hourly equivalent of about $31 an hour, a firefighter in Minnesota works roughly 63.7 hours a month to cover Golden Valley's median rent of $2,001.

Where is rent cheaper than Golden Valley for a firefighter?

Nearby Minnesota cities with lower median rent include Edina ($1,999/mo), Rosemount ($1,998/mo), Rosemount ($1,996/mo). Each shifts the affordability math materially on a firefighter salary.

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