Can A Truck Driver Afford Rent in New Hope, MN?
Comfortably affordable — rent takes 29.3% of gross income.
New Hope rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).
About rent and a truck driver salary
Truck driver pay covers comfortable rent in most lower- and mid-cost US metros and stretches thin in the highest-cost ones. Because many drivers can base anywhere along their route, the home-city rent decision has an outsized effect on take-home. At the national-average driver salary, the 30% rule supports about $1,418 a month in rent. The per-city pages show which markets keep rent within that range and which push it out of reach.
Cheaper rent nearby
These Minnesota cities have lower median rent than New Hope, which improves the affordability math on a truck driver salary:
Compare with full rent data for New Hope
View full rent data for New Hope, MN →Frequently asked questions
Can a truck driver afford rent in New Hope, MN?
Median rent in New Hope is $1,442 a month. A typical truck driver in Minnesota earns about $58,978 a year, which makes that rent 29.3% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a truck driver afford in New Hope?
Using the 30% rule, a truck driver salary in Minnesota (~$58,978/yr) supports up to $1,474 a month in rent. New Hope's current median rent is $1,442/mo, which leaves a $32/mo buffer.
How many hours does a truck driver work to cover rent in New Hope?
At an hourly equivalent of about $28 an hour, a truck driver in Minnesota works roughly 50.9 hours a month to cover New Hope's median rent of $1,442.
Where is rent cheaper than New Hope for a truck driver?
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 truck driver salary.