Can A Real Estate Agent Afford Rent in New Bedford, MA?

Comfortably affordable — rent takes 29.9% of gross income.

New Bedford rent: July 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).

New Bedford median rent
$1,897/mo
Real Estate Agent salary (Massachusetts)
$76,073/yr
Rent as % of income
29.9%
Gross monthly income works out to about $6,339, and the 30% rule supports up to $1,902/mo in rent. New Bedford's median rent of $1,897 leaves roughly $5/mo of headroom under that threshold. A real estate agent works roughly 51.9 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 New Bedford, which improves the affordability math on a real estate agent salary:

Spencer, MA
$1,896/mo (29.9% of income)
Webster, MA
$1,885/mo (29.7% of income)
Westfield, MA
$1,882/mo (29.7% of income)

Compare with full rent data for New Bedford

View full rent data for New Bedford, MA

Frequently asked questions

Can a real estate agent afford rent in New Bedford, MA?

Median rent in New Bedford is $1,897 a month. A typical real estate agent in Massachusetts earns about $76,073 a year, which makes that rent 29.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a real estate agent afford in New Bedford?

Using the 30% rule, a real estate agent salary in Massachusetts (~$76,073/yr) supports up to $1,902 a month in rent. New Bedford's current median rent is $1,897/mo, which leaves a $5/mo buffer.

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

At an hourly equivalent of about $37 an hour, a real estate agent in Massachusetts works roughly 51.9 hours a month to cover New Bedford's median rent of $1,897.

Where is rent cheaper than New Bedford for a real estate agent?

Nearby Massachusetts cities with lower median rent include Spencer ($1,896/mo), Webster ($1,885/mo), Westfield ($1,882/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 New Bedford, MA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.