Can A Real Estate Agent Afford Rent in Florence, AL?
Comfortably affordable — rent takes 26.1% of gross income.
Florence rent: June 2026. Salary: BLS OEWS May 2024 (Alabama state estimate).
About rent and a real estate agent salary
Real estate agent pay is commission-driven and varies widely with local market conditions. The BLS mean averages high and low producers. At the national-average agent salary, the 30% rule supports about $1,640 a month in rent — though successful agents in active markets earn well above this.
Cheaper rent nearby
These Alabama cities have lower median rent than Florence, which improves the affordability math on a real estate agent salary:
Compare with full rent data for Florence
View full rent data for Florence, AL →Frequently asked questions
Can a real estate agent afford rent in Florence, AL?
Median rent in Florence is $1,228 a month. A typical real estate agent in Alabama earns about $56,399 a year, which makes that rent 26.1% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a real estate agent afford in Florence?
Using the 30% rule, a real estate agent salary in Alabama (~$56,399/yr) supports up to $1,410 a month in rent. Florence's current median rent is $1,228/mo, which leaves a $182/mo buffer.
How many hours does a real estate agent work to cover rent in Florence?
At an hourly equivalent of about $27 an hour, a real estate agent in Alabama works roughly 45.3 hours a month to cover Florence's median rent of $1,228.
Where is rent cheaper than Florence for a real estate agent?
Nearby Alabama cities with lower median rent include Bessemer ($1,227/mo), Bessemer ($1,224/mo), Mobile ($1,224/mo). Each shifts the affordability math materially on a real estate agent salary.