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

Rent-burdened — rent takes 44.4% of gross income.

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

Streamwood median rent
$2,475/mo
Real Estate Agent salary (Illinois)
$66,892/yr
Rent as % of income
44.4%
Gross monthly income works out to about $5,574, and the 30% rule supports up to $1,672/mo in rent. Streamwood's median rent of $2,475 exceeds that threshold by $803/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 77 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 Streamwood, which improves the affordability math on a real estate agent salary:

Oswego, IL
$2,472/mo (44.3% of income)
Glenview, IL
$2,470/mo (44.3% of income)
Barrington, IL
$2,465/mo (44.2% of income)

Compare with full rent data for Streamwood

View full rent data for Streamwood, IL

Frequently asked questions

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

Median rent in Streamwood is $2,475 a month. A typical real estate agent in Illinois earns about $66,892 a year, which makes that rent 44.4% 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 Streamwood?

Using the 30% rule, a real estate agent salary in Illinois (~$66,892/yr) supports up to $1,672 a month in rent. Streamwood's current median rent is $2,475/mo, which is $803/mo over the affordability threshold.

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

At an hourly equivalent of about $32 an hour, a real estate agent in Illinois works roughly 77 hours a month to cover Streamwood's median rent of $2,475.

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

Nearby Illinois cities with lower median rent include Oswego ($2,472/mo), Glenview ($2,470/mo), Barrington ($2,465/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 Streamwood, IL. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.