Can A Real Estate Agent Afford Rent in Bloomington, IN?

Comfortably affordable — rent takes 28.7% of gross income.

Bloomington rent: June 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).

Bloomington median rent
$1,444/mo
Real Estate Agent salary (Indiana)
$60,334/yr
Rent as % of income
28.7%
Gross monthly income works out to about $5,028, and the 30% rule supports up to $1,508/mo in rent. Bloomington's median rent of $1,444 leaves roughly $64/mo of headroom under that threshold. A real estate agent works roughly 49.8 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 Indiana cities have lower median rent than Bloomington, which improves the affordability math on a real estate agent salary:

Valparaiso, IN
$1,442/mo (28.7% of income)
Valparaiso, IN
$1,440/mo (28.6% of income)
Valparaiso, IN
$1,440/mo (28.6% of income)

Compare with full rent data for Bloomington

View full rent data for Bloomington, IN

Frequently asked questions

Can a real estate agent afford rent in Bloomington, IN?

Median rent in Bloomington is $1,444 a month. A typical real estate agent in Indiana earns about $60,334 a year, which makes that rent 28.7% of gross monthly income. Under the 30% rule, the answer is yes.

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

Using the 30% rule, a real estate agent salary in Indiana (~$60,334/yr) supports up to $1,508 a month in rent. Bloomington's current median rent is $1,444/mo, which leaves a $64/mo buffer.

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

At an hourly equivalent of about $29 an hour, a real estate agent in Indiana works roughly 49.8 hours a month to cover Bloomington's median rent of $1,444.

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

Nearby Indiana cities with lower median rent include Valparaiso ($1,442/mo), Valparaiso ($1,440/mo), Valparaiso ($1,440/mo). Each shifts the affordability math materially on a real estate agent salary.

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