Can A Physical Therapist Afford Rent in Monticello, MN?

Comfortably affordable — rent takes 18.8% of gross income.

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

Monticello median rent
$1,623/mo
Physical Therapist salary (Minnesota)
$103,698/yr
Rent as % of income
18.8%
Gross monthly income works out to about $8,642, and the 30% rule supports up to $2,592/mo in rent. Monticello's median rent of $1,623 leaves roughly $969/mo of headroom under that threshold. A physical therapist works roughly 32.6 hours a month to cover that rent.

About rent and a physical therapist salary

Physical therapist pay covers comfortable rent across most US metros. At the national-average PT salary, the 30% rule supports about $2,493 a month in rent, which is above the median in most cities tracked here.

Cheaper rent nearby

These Minnesota cities have lower median rent than Monticello, which improves the affordability math on a physical therapist salary:

Coon Rapids, MN
$1,622/mo (18.8% of income)
Eagan, MN
$1,622/mo (18.8% of income)
Brooklyn Park, MN
$1,621/mo (18.8% of income)

Compare with full rent data for Monticello

View full rent data for Monticello, MN

Frequently asked questions

Can a physical therapist afford rent in Monticello, MN?

Median rent in Monticello is $1,623 a month. A typical physical therapist in Minnesota earns about $103,698 a year, which makes that rent 18.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a physical therapist afford in Monticello?

Using the 30% rule, a physical therapist salary in Minnesota (~$103,698/yr) supports up to $2,592 a month in rent. Monticello's current median rent is $1,623/mo, which leaves a $969/mo buffer.

How many hours does a physical therapist work to cover rent in Monticello?

At an hourly equivalent of about $50 an hour, a physical therapist in Minnesota works roughly 32.6 hours a month to cover Monticello's median rent of $1,623.

Where is rent cheaper than Monticello for a physical therapist?

Nearby Minnesota cities with lower median rent include Coon Rapids ($1,622/mo), Eagan ($1,622/mo), Brooklyn Park ($1,621/mo). Each shifts the affordability math materially on a physical therapist salary.

Methodology: Salary uses the BLS-derived Minnesota state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Monticello, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.