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

Rent-burdened — rent takes 41.5% of gross income.

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

Randolph median rent
$2,633/mo
Real Estate Agent salary (Massachusetts)
$76,073/yr
Rent as % of income
41.5%
Gross monthly income works out to about $6,339, and the 30% rule supports up to $1,902/mo in rent. Randolph's median rent of $2,633 exceeds that threshold by $731/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 72 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 Randolph, which improves the affordability math on a real estate agent salary:

Revere, MA
$2,632/mo (41.5% of income)
Andover, MA
$2,632/mo (41.5% of income)
Salem, MA
$2,632/mo (41.5% of income)

Compare with full rent data for Randolph

View full rent data for Randolph, MA

Frequently asked questions

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

Median rent in Randolph is $2,633 a month. A typical real estate agent in Massachusetts earns about $76,073 a year, which makes that rent 41.5% 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 Randolph?

Using the 30% rule, a real estate agent salary in Massachusetts (~$76,073/yr) supports up to $1,902 a month in rent. Randolph's current median rent is $2,633/mo, which is $731/mo over the affordability threshold.

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

At an hourly equivalent of about $37 an hour, a real estate agent in Massachusetts works roughly 72 hours a month to cover Randolph's median rent of $2,633.

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

Nearby Massachusetts cities with lower median rent include Revere ($2,632/mo), Andover ($2,632/mo), Salem ($2,632/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 Randolph, MA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.