Can A Real Estate Agent Afford Rent in Barrington, IL?

Rent-burdened — rent takes 44.6% of gross income.

Barrington rent: June 2026. Salary: BLS OEWS May 2024 (Illinois state estimate).

Barrington median rent
$2,487/mo
Real Estate Agent salary (Illinois)
$66,892/yr
Rent as % of income
44.6%
Gross monthly income works out to about $5,574, and the 30% rule supports up to $1,672/mo in rent. Barrington's median rent of $2,487 exceeds that threshold by $815/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 77.3 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 Illinois cities have lower median rent than Barrington, which improves the affordability math on a real estate agent salary:

Bolingbrook, IL
$2,485/mo (44.6% of income)
Glenview, IL
$2,485/mo (44.6% of income)
Morton Grove, IL
$2,483/mo (44.5% of income)

Compare with full rent data for Barrington

View full rent data for Barrington, IL

Frequently asked questions

Can a real estate agent afford rent in Barrington, IL?

Median rent in Barrington is $2,487 a month. A typical real estate agent in Illinois earns about $66,892 a year, which makes that rent 44.6% 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 Barrington?

Using the 30% rule, a real estate agent salary in Illinois (~$66,892/yr) supports up to $1,672 a month in rent. Barrington's current median rent is $2,487/mo, which is $815/mo over the affordability threshold.

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

At an hourly equivalent of about $32 an hour, a real estate agent in Illinois works roughly 77.3 hours a month to cover Barrington's median rent of $2,487.

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

Nearby Illinois cities with lower median rent include Bolingbrook ($2,485/mo), Glenview ($2,485/mo), Morton Grove ($2,483/mo). Each shifts the affordability math materially on a real estate agent salary.

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