Can A Firefighter Afford Rent in New Hope, MN?

Comfortably affordable — rent takes 26.5% of gross income.

New Hope rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

New Hope median rent
$1,442/mo
Firefighter salary (Minnesota)
$65,322/yr
Rent as % of income
26.5%
Gross monthly income works out to about $5,444, and the 30% rule supports up to $1,633/mo in rent. New Hope's median rent of $1,442 leaves roughly $191/mo of headroom under that threshold. A firefighter works roughly 45.9 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 New Hope, which improves the affordability math on a firefighter salary:

New Brighton, MN
$1,441/mo (26.5% of income)
Fridley, MN
$1,441/mo (26.5% of income)
Saint Paul, MN
$1,439/mo (26.4% of income)

Compare with full rent data for New Hope

View full rent data for New Hope, MN

Frequently asked questions

Can a firefighter afford rent in New Hope, MN?

Median rent in New Hope is $1,442 a month. A typical firefighter in Minnesota earns about $65,322 a year, which makes that rent 26.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a firefighter afford in New Hope?

Using the 30% rule, a firefighter salary in Minnesota (~$65,322/yr) supports up to $1,633 a month in rent. New Hope's current median rent is $1,442/mo, which leaves a $191/mo buffer.

How many hours does a firefighter work to cover rent in New Hope?

At an hourly equivalent of about $31 an hour, a firefighter in Minnesota works roughly 45.9 hours a month to cover New Hope's median rent of $1,442.

Where is rent cheaper than New Hope for a firefighter?

Nearby Minnesota cities with lower median rent include New Brighton ($1,441/mo), Fridley ($1,441/mo), Saint Paul ($1,439/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 New Hope, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.