Can A Paramedic Afford Rent in New Hope, MN?
Stretched but workable — rent takes 31.3% of gross income.
New Hope rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).
About rent and a paramedic salary
Paramedic and EMT base pay sits modestly below the US median household income and is often supplemented by overtime. At the national-average paramedic salary, the 30% rule supports about $1,330 a month in rent.
Cheaper rent nearby
These Minnesota cities have lower median rent than New Hope, which improves the affordability math on a paramedic salary:
Compare with full rent data for New Hope
View full rent data for New Hope, MN →Frequently asked questions
Can a paramedic afford rent in New Hope, MN?
Median rent in New Hope is $1,442 a month. A typical paramedic in Minnesota earns about $55,307 a year, which makes that rent 31.3% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a paramedic afford in New Hope?
Using the 30% rule, a paramedic salary in Minnesota (~$55,307/yr) supports up to $1,383 a month in rent. New Hope's current median rent is $1,442/mo, which is $59/mo over the affordability threshold.
How many hours does a paramedic work to cover rent in New Hope?
At an hourly equivalent of about $27 an hour, a paramedic in Minnesota works roughly 54.2 hours a month to cover New Hope's median rent of $1,442.
Where is rent cheaper than New Hope for a paramedic?
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 paramedic salary.