Can A Real Estate Agent Afford Rent in Fort Dodge, IA?

Comfortably affordable — rent takes 16.3% of gross income.

Fort Dodge rent: July 2026. Salary: BLS OEWS May 2024 (Iowa state estimate).

Fort Dodge median rent
$820/mo
Real Estate Agent salary (Iowa)
$60,334/yr
Rent as % of income
16.3%
Gross monthly income works out to about $5,028, and the 30% rule supports up to $1,508/mo in rent. Fort Dodge's median rent of $820 leaves roughly $688/mo of headroom under that threshold. A real estate agent works roughly 28.3 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 Fort Dodge, which improves the affordability math on a real estate agent salary:

Boone, IA
$806/mo (16% of income)
Burlington, IA
$806/mo (16% of income)
Boone, IA
$804/mo (16% of income)

Compare with full rent data for Fort Dodge

View full rent data for Fort Dodge, IA

Frequently asked questions

Can a real estate agent afford rent in Fort Dodge, IA?

Median rent in Fort Dodge is $820 a month. A typical real estate agent in Iowa earns about $60,334 a year, which makes that rent 16.3% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a real estate agent afford in Fort Dodge?

Using the 30% rule, a real estate agent salary in Iowa (~$60,334/yr) supports up to $1,508 a month in rent. Fort Dodge's current median rent is $820/mo, which leaves a $688/mo buffer.

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

At an hourly equivalent of about $29 an hour, a real estate agent in Iowa works roughly 28.3 hours a month to cover Fort Dodge's median rent of $820.

Where is rent cheaper than Fort Dodge for a real estate agent?

Nearby Iowa cities with lower median rent include Boone ($806/mo), Burlington ($806/mo), Boone ($804/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 Fort Dodge, IA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.