Can A Real Estate Agent Afford Rent in Knoxville, IA?

Comfortably affordable — rent takes 18% of gross income.

Knoxville rent: September 2026. Salary: BLS OEWS May 2024 (Iowa state estimate).

Knoxville median rent
$906/mo
Real Estate Agent salary (Iowa)
$60,334/yr
Rent as % of income
18%
Gross monthly income works out to about $5,028, and the 30% rule supports up to $1,508/mo in rent. Knoxville's median rent of $906 leaves roughly $602/mo of headroom under that threshold. A real estate agent works roughly 31.2 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 Knoxville, which improves the affordability math on a real estate agent salary:

Waterloo, IA
$903/mo (18% of income)
Waterloo, IA
$894/mo (17.8% of income)
Marshalltown, IA
$893/mo (17.8% of income)

Compare with full rent data for Knoxville

View full rent data for Knoxville, IA →

Frequently asked questions

Can a real estate agent afford rent in Knoxville, IA?

Median rent in Knoxville is $906 a month. A typical real estate agent in Iowa earns about $60,334 a year, which makes that rent 18% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a real estate agent afford in Knoxville?

Using the 30% rule, a real estate agent salary in Iowa (~$60,334/yr) supports up to $1,508 a month in rent. Knoxville's current median rent is $906/mo, which leaves a $602/mo buffer.

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

At an hourly equivalent of about $29 an hour, a real estate agent in Iowa works roughly 31.2 hours a month to cover Knoxville's median rent of $906.

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

Nearby Iowa cities with lower median rent include Waterloo ($903/mo), Waterloo ($894/mo), Marshalltown ($893/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 Knoxville, IA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.