Can A Real Estate Agent Afford Rent in Spencer, MA?
Comfortably affordable — rent takes 29.9% of gross income.
Spencer 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 Spencer, which improves the affordability math on a real estate agent salary:
Compare with full rent data for Spencer
View full rent data for Spencer, MA →Frequently asked questions
Can a real estate agent afford rent in Spencer, MA?
Median rent in Spencer is $1,898 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 Spencer?
Using the 30% rule, a real estate agent salary in Massachusetts (~$76,073/yr) supports up to $1,902 a month in rent. Spencer's current median rent is $1,898/mo, which leaves a $4/mo buffer.
How many hours does a real estate agent work to cover rent in Spencer?
At an hourly equivalent of about $37 an hour, a real estate agent in Massachusetts works roughly 51.9 hours a month to cover Spencer's median rent of $1,898.
Where is rent cheaper than Spencer for a real estate agent?
Nearby Massachusetts cities with lower median rent include New Bedford ($1,880/mo), Plymouth ($1,879/mo), Webster ($1,878/mo). Each shifts the affordability math materially on a real estate agent salary.