Can A Real Estate Agent Afford Rent in North Andover, MA?

Rent-burdened — rent takes 44.9% of gross income.

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

North Andover median rent
$2,846/mo
Real Estate Agent salary (Massachusetts)
$76,073/yr
Rent as % of income
44.9%
Gross monthly income works out to about $6,339, and the 30% rule supports up to $1,902/mo in rent. North Andover's median rent of $2,846 exceeds that threshold by $944/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 77.8 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 Massachusetts cities have lower median rent than North Andover, which improves the affordability math on a real estate agent salary:

Walpole, MA
$2,844/mo (44.9% of income)
Walpole, MA
$2,842/mo (44.8% of income)
Sharon, MA
$2,840/mo (44.8% of income)

Compare with full rent data for North Andover

View full rent data for North Andover, MA

Frequently asked questions

Can a real estate agent afford rent in North Andover, MA?

Median rent in North Andover is $2,846 a month. A typical real estate agent in Massachusetts earns about $76,073 a year, which makes that rent 44.9% 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 North Andover?

Using the 30% rule, a real estate agent salary in Massachusetts (~$76,073/yr) supports up to $1,902 a month in rent. North Andover's current median rent is $2,846/mo, which is $944/mo over the affordability threshold.

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

At an hourly equivalent of about $37 an hour, a real estate agent in Massachusetts works roughly 77.8 hours a month to cover North Andover's median rent of $2,846.

Where is rent cheaper than North Andover for a real estate agent?

Nearby Massachusetts cities with lower median rent include Walpole ($2,844/mo), Walpole ($2,842/mo), Sharon ($2,840/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 North Andover, MA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.