Can A Real Estate Agent Afford Rent in Medford, MA?
Rent-burdened — rent takes 53.9% of gross income.
Medford rent: June 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).
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 Medford, which improves the affordability math on a real estate agent salary:
Compare with full rent data for Medford
View full rent data for Medford, MA →Frequently asked questions
Can a real estate agent afford rent in Medford, MA?
Median rent in Medford is $3,419 a month. A typical real estate agent in Massachusetts earns about $76,073 a year, which makes that rent 53.9% 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 Medford?
Using the 30% rule, a real estate agent salary in Massachusetts (~$76,073/yr) supports up to $1,902 a month in rent. Medford's current median rent is $3,419/mo, which is $1,517/mo over the affordability threshold.
How many hours does a real estate agent work to cover rent in Medford?
At an hourly equivalent of about $37 an hour, a real estate agent in Massachusetts works roughly 93.5 hours a month to cover Medford's median rent of $3,419.
Where is rent cheaper than Medford for a real estate agent?
Nearby Massachusetts cities with lower median rent include Boston ($3,413/mo), Needham ($3,399/mo), Needham ($3,395/mo). Each shifts the affordability math materially on a real estate agent salary.