Can A Lawyer Afford Rent in New Hope, MN?

Comfortably affordable — rent takes 9.4% of gross income.

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

New Hope median rent
$1,442/mo
Lawyer salary (Minnesota)
$183,529/yr
Rent as % of income
9.4%
Gross monthly income works out to about $15,294, and the 30% rule supports up to $4,588/mo in rent. New Hope's median rent of $1,442 leaves roughly $3,146/mo of headroom under that threshold. A lawyer works roughly 16.3 hours a month to cover that rent.

About rent and a lawyer salary

Lawyer pay covers comfortable rent in every US city, but the surplus after rent varies sharply by metro. Big-law and federal-government lawyer pay clusters in a handful of cities where rent is also highest, which compresses the affordability margin. At the national-average lawyer salary, the 30% rule supports about $4,412 a month in rent — above the median rent in even the most expensive US metro.

Cheaper rent nearby

These Minnesota cities have lower median rent than New Hope, which improves the affordability math on a lawyer salary:

New Brighton, MN
$1,441/mo (9.4% of income)
Fridley, MN
$1,441/mo (9.4% of income)
Saint Paul, MN
$1,439/mo (9.4% of income)

Compare with full rent data for New Hope

View full rent data for New Hope, MN

Frequently asked questions

Can a lawyer afford rent in New Hope, MN?

Median rent in New Hope is $1,442 a month. A typical lawyer in Minnesota earns about $183,529 a year, which makes that rent 9.4% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a lawyer afford in New Hope?

Using the 30% rule, a lawyer salary in Minnesota (~$183,529/yr) supports up to $4,588 a month in rent. New Hope's current median rent is $1,442/mo, which leaves a $3,146/mo buffer.

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

At an hourly equivalent of about $88 an hour, a lawyer in Minnesota works roughly 16.3 hours a month to cover New Hope's median rent of $1,442.

Where is rent cheaper than New Hope for a lawyer?

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 lawyer 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.