Can A Real Estate Agent Afford Rent in Cedar Rapids, IA?

Comfortably affordable — rent takes 25.6% of gross income.

Cedar Rapids rent: June 2026. Salary: BLS OEWS May 2024 (Iowa state estimate).

Cedar Rapids median rent
$1,288/mo
Real Estate Agent salary (Iowa)
$60,334/yr
Rent as % of income
25.6%
Gross monthly income works out to about $5,028, and the 30% rule supports up to $1,508/mo in rent. Cedar Rapids's median rent of $1,288 leaves roughly $220/mo of headroom under that threshold. A real estate agent works roughly 44.4 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 Iowa cities have lower median rent than Cedar Rapids, which improves the affordability math on a real estate agent salary:

Norwalk, IA
$1,282/mo (25.5% of income)
Bettendorf, IA
$1,280/mo (25.5% of income)
Bettendorf, IA
$1,279/mo (25.4% of income)

Compare with full rent data for Cedar Rapids

View full rent data for Cedar Rapids, IA

Frequently asked questions

Can a real estate agent afford rent in Cedar Rapids, IA?

Median rent in Cedar Rapids is $1,288 a month. A typical real estate agent in Iowa earns about $60,334 a year, which makes that rent 25.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a real estate agent afford in Cedar Rapids?

Using the 30% rule, a real estate agent salary in Iowa (~$60,334/yr) supports up to $1,508 a month in rent. Cedar Rapids's current median rent is $1,288/mo, which leaves a $220/mo buffer.

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

At an hourly equivalent of about $29 an hour, a real estate agent in Iowa works roughly 44.4 hours a month to cover Cedar Rapids's median rent of $1,288.

Where is rent cheaper than Cedar Rapids for a real estate agent?

Nearby Iowa cities with lower median rent include Norwalk ($1,282/mo), Bettendorf ($1,280/mo), Bettendorf ($1,279/mo). Each shifts the affordability math materially on a real estate agent salary.

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