Can A Real Estate Agent Afford Rent in Basalt, CO?
Rent-burdened — rent takes 87.4% of gross income.
Basalt rent: May 2026. Salary: BLS OEWS May 2024 (Colorado 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 Colorado cities have lower median rent than Basalt, which improves the affordability math on a real estate agent salary:
Compare with full rent data for Basalt
View full rent data for Basalt, CO →Frequently asked questions
Can a real estate agent afford rent in Basalt, CO?
Median rent in Basalt is $5,017 a month. A typical real estate agent in Colorado earns about $68,859 a year, which makes that rent 87.4% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a real estate agent afford in Basalt?
Using the 30% rule, a real estate agent salary in Colorado (~$68,859/yr) supports up to $1,721 a month in rent. Basalt's current median rent is $5,017/mo, which is $3,296/mo over the affordability threshold.
How many hours does a real estate agent work to cover rent in Basalt?
At an hourly equivalent of about $33 an hour, a real estate agent in Colorado works roughly 151.5 hours a month to cover Basalt's median rent of $5,017.
Where is rent cheaper than Basalt for a real estate agent?
Nearby Colorado cities with lower median rent include Carbondale ($4,648/mo), Carbondale ($4,608/mo), Carbondale ($4,298/mo). Each shifts the affordability math materially on a real estate agent salary.