Can A Real Estate Agent Afford Rent in Lynn, MA?

Stretched but workable — rent takes 36.3% of gross income.

Lynn rent: June 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).

Lynn median rent
$2,300/mo
Real Estate Agent salary (Massachusetts)
$76,073/yr
Rent as % of income
36.3%
Gross monthly income works out to about $6,339, and the 30% rule supports up to $1,902/mo in rent. Lynn's median rent of $2,300 exceeds that threshold by $398/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 62.9 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 Massachusetts cities have lower median rent than Lynn, which improves the affordability math on a real estate agent salary:

Haverhill, MA
$2,298/mo (36.2% of income)
Haverhill, MA
$2,288/mo (36.1% of income)
Clinton, MA
$2,286/mo (36.1% of income)

Compare with full rent data for Lynn

View full rent data for Lynn, MA

Frequently asked questions

Can a real estate agent afford rent in Lynn, MA?

Median rent in Lynn is $2,300 a month. A typical real estate agent in Massachusetts earns about $76,073 a year, which makes that rent 36.3% 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 Lynn?

Using the 30% rule, a real estate agent salary in Massachusetts (~$76,073/yr) supports up to $1,902 a month in rent. Lynn's current median rent is $2,300/mo, which is $398/mo over the affordability threshold.

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

At an hourly equivalent of about $37 an hour, a real estate agent in Massachusetts works roughly 62.9 hours a month to cover Lynn's median rent of $2,300.

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

Nearby Massachusetts cities with lower median rent include Haverhill ($2,298/mo), Haverhill ($2,288/mo), Clinton ($2,286/mo). Each shifts the affordability math materially on a real estate agent salary.

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