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

Comfortably affordable — rent takes 25.6% of gross income.

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

Troy median rent
$1,425/mo
Real Estate Agent salary (Illinois)
$66,892/yr
Rent as % of income
25.6%
Gross monthly income works out to about $5,574, and the 30% rule supports up to $1,672/mo in rent. Troy's median rent of $1,425 leaves roughly $247/mo of headroom under that threshold. A real estate agent works roughly 44.3 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 Troy, which improves the affordability math on a real estate agent salary:

Champaign, IL
$1,424/mo (25.5% of income)
Swansea, IL
$1,424/mo (25.5% of income)
Maywood, IL
$1,424/mo (25.5% of income)

Compare with full rent data for Troy

View full rent data for Troy, IL

Frequently asked questions

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

Median rent in Troy is $1,425 a month. A typical real estate agent in Illinois earns about $66,892 a year, which makes that rent 25.6% of gross monthly income. Under the 30% rule, the answer is yes.

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

Using the 30% rule, a real estate agent salary in Illinois (~$66,892/yr) supports up to $1,672 a month in rent. Troy's current median rent is $1,425/mo, which leaves a $247/mo buffer.

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

At an hourly equivalent of about $32 an hour, a real estate agent in Illinois works roughly 44.3 hours a month to cover Troy's median rent of $1,425.

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

Nearby Illinois cities with lower median rent include Champaign ($1,424/mo), Swansea ($1,424/mo), Maywood ($1,424/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 Troy, IL. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.