Can A Marketing Manager Afford Rent in New Hope, MN?

Comfortably affordable — rent takes 10% of gross income.

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

New Hope median rent
$1,442/mo
Marketing Manager salary (Minnesota)
$173,066/yr
Rent as % of income
10%
Gross monthly income works out to about $14,422, and the 30% rule supports up to $4,327/mo in rent. New Hope's median rent of $1,442 leaves roughly $2,885/mo of headroom under that threshold. A marketing manager works roughly 17.3 hours a month to cover that rent.

About rent and a marketing manager salary

Marketing manager pay covers comfortable rent in every US metro. At the national-average marketing-manager salary, the 30% rule supports about $4,160 a month in rent — above median rent in every US city tracked here.

Cheaper rent nearby

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

New Brighton, MN
$1,441/mo (10% of income)
Fridley, MN
$1,441/mo (10% of income)
Saint Paul, MN
$1,439/mo (10% of income)

Compare with full rent data for New Hope

View full rent data for New Hope, MN

Frequently asked questions

Can a marketing manager afford rent in New Hope, MN?

Median rent in New Hope is $1,442 a month. A typical marketing manager in Minnesota earns about $173,066 a year, which makes that rent 10% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a marketing manager afford in New Hope?

Using the 30% rule, a marketing manager salary in Minnesota (~$173,066/yr) supports up to $4,327 a month in rent. New Hope's current median rent is $1,442/mo, which leaves a $2,885/mo buffer.

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

At an hourly equivalent of about $83 an hour, a marketing manager in Minnesota works roughly 17.3 hours a month to cover New Hope's median rent of $1,442.

Where is rent cheaper than New Hope for a marketing manager?

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 marketing manager 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.