Can A Real Estate Agent Afford Rent in Davenport, FL?

Stretched but workable — rent takes 38.9% of gross income.

Davenport rent: September 2026. Salary: BLS OEWS May 2024 (Florida state estimate).

Davenport median rent
$1,978/mo
Real Estate Agent salary (Florida)
$60,989/yr
Rent as % of income
38.9%
Gross monthly income works out to about $5,082, and the 30% rule supports up to $1,525/mo in rent. Davenport's median rent of $1,978 exceeds that threshold by $453/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 67.5 hours a month to cover that rent.

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 Florida cities have lower median rent than Davenport, which improves the affordability math on a real estate agent salary:

Gulfport, FL
$1,977/mo (38.9% of income)
Ormond Beach, FL
$1,977/mo (38.9% of income)
Mary Esther, FL
$1,977/mo (38.9% of income)

Compare with full rent data for Davenport

View full rent data for Davenport, FL →

Frequently asked questions

Can a real estate agent afford rent in Davenport, FL?

Median rent in Davenport is $1,978 a month. A typical real estate agent in Florida earns about $60,989 a year, which makes that rent 38.9% 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 Davenport?

Using the 30% rule, a real estate agent salary in Florida (~$60,989/yr) supports up to $1,525 a month in rent. Davenport's current median rent is $1,978/mo, which is $453/mo over the affordability threshold.

How many hours does a real estate agent work to cover rent in Davenport?

At an hourly equivalent of about $29 an hour, a real estate agent in Florida works roughly 67.5 hours a month to cover Davenport's median rent of $1,978.

Where is rent cheaper than Davenport for a real estate agent?

Nearby Florida cities with lower median rent include Gulfport ($1,977/mo), Ormond Beach ($1,977/mo), Mary Esther ($1,977/mo). Each shifts the affordability math materially on a real estate agent salary.

Methodology: Salary uses the BLS-derived Florida state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Davenport, FL. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.