Can A Real Estate Agent Afford Rent in Lake Mary, FL?

Stretched but workable — rent takes 39.6% of gross income.

Lake Mary rent: June 2026. Salary: BLS OEWS May 2024 (Florida state estimate).

Lake Mary median rent
$2,013/mo
Real Estate Agent salary (Florida)
$60,989/yr
Rent as % of income
39.6%
Gross monthly income works out to about $5,082, and the 30% rule supports up to $1,525/mo in rent. Lake Mary's median rent of $2,013 exceeds that threshold by $488/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 68.7 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 Lake Mary, which improves the affordability math on a real estate agent salary:

Kissimmee, FL
$2,012/mo (39.6% of income)
Cape Coral, FL
$2,012/mo (39.6% of income)
Niceville, FL
$2,012/mo (39.6% of income)

Compare with full rent data for Lake Mary

View full rent data for Lake Mary, FL

Frequently asked questions

Can a real estate agent afford rent in Lake Mary, FL?

Median rent in Lake Mary is $2,013 a month. A typical real estate agent in Florida earns about $60,989 a year, which makes that rent 39.6% 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 Lake Mary?

Using the 30% rule, a real estate agent salary in Florida (~$60,989/yr) supports up to $1,525 a month in rent. Lake Mary's current median rent is $2,013/mo, which is $488/mo over the affordability threshold.

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

At an hourly equivalent of about $29 an hour, a real estate agent in Florida works roughly 68.7 hours a month to cover Lake Mary's median rent of $2,013.

Where is rent cheaper than Lake Mary for a real estate agent?

Nearby Florida cities with lower median rent include Kissimmee ($2,012/mo), Cape Coral ($2,012/mo), Niceville ($2,012/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 Lake Mary, FL. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.