Can A Real Estate Agent Afford Rent in Meridian, ID?

Rent-burdened — rent takes 42.5% of gross income.

Meridian rent: June 2026. Salary: BLS OEWS May 2024 (Idaho state estimate).

Meridian median rent
$2,065/mo
Real Estate Agent salary (Idaho)
$58,366/yr
Rent as % of income
42.5%
Gross monthly income works out to about $4,864, and the 30% rule supports up to $1,459/mo in rent. Meridian's median rent of $2,065 exceeds that threshold by $606/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 73.6 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 Idaho cities have lower median rent than Meridian, which improves the affordability math on a real estate agent salary:

Eagle, ID
$2,052/mo (42.2% of income)
Kimberly, ID
$2,050/mo (42.1% of income)
Eagle, ID
$2,045/mo (42% of income)

Compare with full rent data for Meridian

View full rent data for Meridian, ID

Frequently asked questions

Can a real estate agent afford rent in Meridian, ID?

Median rent in Meridian is $2,065 a month. A typical real estate agent in Idaho earns about $58,366 a year, which makes that rent 42.5% 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 Meridian?

Using the 30% rule, a real estate agent salary in Idaho (~$58,366/yr) supports up to $1,459 a month in rent. Meridian's current median rent is $2,065/mo, which is $606/mo over the affordability threshold.

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

At an hourly equivalent of about $28 an hour, a real estate agent in Idaho works roughly 73.6 hours a month to cover Meridian's median rent of $2,065.

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

Nearby Idaho cities with lower median rent include Eagle ($2,052/mo), Kimberly ($2,050/mo), Eagle ($2,045/mo). Each shifts the affordability math materially on a real estate agent salary.

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