Can a Financial accounts managers afford to rent in East Midlands?
Can a Financial accounts managers afford to rent in East Midlands?
In East Midlands, a Financial accounts managers earns a full-time median of £41,421 per year (ONS ASHE 2025, April 2025). Average monthly rent is £914 (ONS PIPR, May 2026), giving a Gera Affordability Ratio of 26.5% — rated "Affordable": Below the 30% ONS affordability threshold.
Gera Affordability Ratio
Affordable — Below the 30% ONS affordability threshold. Methodology: ratio of monthly rent to monthly gross salary (ONS threshold ≤ 30%).
How this is calculatedKey figures — East Midlands
Regional salary
£41,421
ONS ASHE 2025 FT median
Monthly gross
£3,452
Before tax
Avg rent / mo
£914
ONS PIPR May 2026
1-bed rent
£644
per month
2-bed rent
£818
per month
Avg house price
£241,620
UKHPI Apr 2026
Gera Affordability Ratio breakdown
GAR — average rent
26.5%
Affordable
Below the 30% ONS affordability threshold.
GAR — 2-bed rent
23.7%
Affordable
£818 / mo
Gera Buy Ratio
5.8×
Stretched
5–8× salary — typical UK first-buyer stretch.
GAR = (monthly rent ÷ monthly gross salary) × 100 · ONS threshold: ≤ 30% = affordable · Methodology
Your Gera Affordability Ratio — personalise by salary
The page uses the ONS ASHE 2025 median. Enter your actual salary to see how your personal ratio compares.
ONS 2025 median for Financial accounts managers: £41,421
Gera Affordability Ratio — average rent
26.5%
Affordable
£914 rent ÷ £3,452 monthly gross = 26.5% — below the 30% ONS threshold.
1-bed
18.7%
£644 / mo
2-bed
23.7%
£818 / mo
Gera Buy Ratio (house price ÷ salary)
5.8×
£241,620 average house price ÷ £41,421 salary. Stretched (5–8×).
Gross salary only — does not account for income tax, NI, or other deductions. Use the Take-Home Pay calculator for net income.
Frequently asked questions
- What is the median salary for a Financial accounts managers in East Midlands?
- According to ONS ASHE 2025 provisional data (reference period April 2025), the full-time median gross annual pay for a Financial accounts managers in East Midlands is £41,421, or £3,452 per month before tax. The UK national median for this role is £48,980.
- What is the average rent in East Midlands?
- The average monthly private rent in East Midlands is £914 across all property types (ONS PIPR, May 2026). A 1-bed averages £644. A 2-bed averages £818. A 3-bed averages £984.
- What is the Gera Affordability Ratio for a Financial accounts managers in East Midlands?
- The Gera Affordability Ratio (GAR) for a Financial accounts managers in East Midlands is 26.5% for average rent and 23.7% for a 2-bed. GAR = (monthly_rent ÷ monthly_gross_salary) × 100. A ratio ≤ 30% is rated "Affordable".
- Can a Financial accounts managers afford to buy in East Midlands?
- The average house price in East Midlands is £241,620 (UKHPI April 2026). At a regional salary of £41,421, the price-to-income multiple (Gera Buy Ratio) is 5.8×, rated "Stretched" — 5–8× salary — typical UK first-buyer stretch.
- What percentage of gross income does rent take for a Financial accounts managers in East Midlands?
- Rent takes 26.5% of gross monthly income for this occupation in East Midlands at average rent, or 23.7% for a 2-bed flat. The ONS affordability threshold is 30%; this area is therefore rated "Affordable".
Financial accounts managers affordability in other regions
Data sources
Salary: Office for National Statistics — Annual Survey of Hours and Earnings (ASHE) 2025 provisional · As of April 2025 · Open Government Licence v3.0
Rent: Office for National Statistics — Price Index of Private Rents (PIPR), May 2026 · As of May 2026 · Open Government Licence v3.0
House prices: HM Land Registry — UK House Price Index (UKHPI), April 2026 · As of April 2026 · Open Government Licence v3.0
Full methodology · ← All regions for Financial accounts managers
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