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

Comfortably affordable — rent takes 21.4% of gross income.

Evansville rent: July 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).

Evansville median rent
$1,076/mo
Real Estate Agent salary (Indiana)
$60,334/yr
Rent as % of income
21.4%
Gross monthly income works out to about $5,028, and the 30% rule supports up to $1,508/mo in rent. Evansville's median rent of $1,076 leaves roughly $432/mo of headroom under that threshold. A real estate agent works roughly 37.1 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 Evansville, which improves the affordability math on a real estate agent salary:

Warsaw, IN
$1,074/mo (21.4% of income)
Clarksville, IN
$1,073/mo (21.3% of income)
Elkhart, IN
$1,072/mo (21.3% of income)

Compare with full rent data for Evansville

View full rent data for Evansville, IN

Frequently asked questions

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

Median rent in Evansville is $1,076 a month. A typical real estate agent in Indiana earns about $60,334 a year, which makes that rent 21.4% of gross monthly income. Under the 30% rule, the answer is yes.

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

Using the 30% rule, a real estate agent salary in Indiana (~$60,334/yr) supports up to $1,508 a month in rent. Evansville's current median rent is $1,076/mo, which leaves a $432/mo buffer.

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

At an hourly equivalent of about $29 an hour, a real estate agent in Indiana works roughly 37.1 hours a month to cover Evansville's median rent of $1,076.

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

Nearby Indiana cities with lower median rent include Warsaw ($1,074/mo), Clarksville ($1,073/mo), Elkhart ($1,072/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 Evansville, IN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.