Can A Licensed Practical Nurse Afford Rent in New Hope, MN?

Comfortably affordable — rent takes 27.4% of gross income.

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

New Hope median rent
$1,442/mo
Licensed Practical Nurse salary (Minnesota)
$63,222/yr
Rent as % of income
27.4%
Gross monthly income works out to about $5,269, and the 30% rule supports up to $1,581/mo in rent. New Hope's median rent of $1,442 leaves roughly $139/mo of headroom under that threshold. A licensed practical nurse works roughly 47.4 hours a month to cover that rent.

About rent and a licensed practical nurse salary

LPN pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. At the national-average LPN salary, the 30% rule supports about $1,520 a month in rent. The per-city pages show which markets stay in range.

Cheaper rent nearby

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

New Brighton, MN
$1,441/mo (27.4% of income)
Fridley, MN
$1,441/mo (27.4% of income)
Saint Paul, MN
$1,439/mo (27.3% of income)

Compare with full rent data for New Hope

View full rent data for New Hope, MN

Frequently asked questions

Can a licensed practical nurse afford rent in New Hope, MN?

Median rent in New Hope is $1,442 a month. A typical licensed practical nurse in Minnesota earns about $63,222 a year, which makes that rent 27.4% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a licensed practical nurse afford in New Hope?

Using the 30% rule, a licensed practical nurse salary in Minnesota (~$63,222/yr) supports up to $1,581 a month in rent. New Hope's current median rent is $1,442/mo, which leaves a $139/mo buffer.

How many hours does a licensed practical nurse work to cover rent in New Hope?

At an hourly equivalent of about $30 an hour, a licensed practical nurse in Minnesota works roughly 47.4 hours a month to cover New Hope's median rent of $1,442.

Where is rent cheaper than New Hope for a licensed practical nurse?

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 licensed practical nurse 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.