Can A Registered Nurse Afford Rent in Monticello, MN?
Comfortably affordable — rent takes 19.8% of gross income.
Monticello rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).
About rent and a registered nurse salary
Rent is the single largest fixed cost most renters carry, and the rent-to-income ratio is the simplest measure of whether a city is livable on a given salary. For renters earning a typical registered-nurse income, the 30% rule supports about $2,360 a month in rent. That margin covers comfortable one-bedroom rent in the vast majority of US metros but tightens significantly in the highest-rent coastal cities, where rent can claim 40% or more of an RN paycheck. The per-city pages below show the local rent, the local nurse-pay estimate, and where that combination sits on the affordability scale.
Cheaper rent nearby
These Minnesota cities have lower median rent than Monticello, which improves the affordability math on a registered nurse salary:
Compare with full rent data for Monticello
View full rent data for Monticello, MN →Frequently asked questions
Can a registered nurse afford rent in Monticello, MN?
Median rent in Monticello is $1,623 a month. A typical registered nurse in Minnesota earns about $98,259 a year, which makes that rent 19.8% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a registered nurse afford in Monticello?
Using the 30% rule, a registered nurse salary in Minnesota (~$98,259/yr) supports up to $2,456 a month in rent. Monticello's current median rent is $1,623/mo, which leaves a $833/mo buffer.
How many hours does a registered nurse work to cover rent in Monticello?
At an hourly equivalent of about $47 an hour, a registered nurse in Minnesota works roughly 34.4 hours a month to cover Monticello's median rent of $1,623.
Where is rent cheaper than Monticello for a registered nurse?
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 registered nurse salary.