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

Rent-burdened — rent takes 48% of gross income.

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

Waltham median rent
$3,042/mo
Real Estate Agent salary (Massachusetts)
$76,073/yr
Rent as % of income
48%
Gross monthly income works out to about $6,339, and the 30% rule supports up to $1,902/mo in rent. Waltham's median rent of $3,042 exceeds that threshold by $1,140/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 83.2 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 Waltham, which improves the affordability math on a real estate agent salary:

Bedford, MA
$3,037/mo (47.9% of income)
Watertown, MA
$3,036/mo (47.9% of income)
Watertown, MA
$3,035/mo (47.9% of income)

Compare with full rent data for Waltham

View full rent data for Waltham, MA

Frequently asked questions

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

Median rent in Waltham is $3,042 a month. A typical real estate agent in Massachusetts earns about $76,073 a year, which makes that rent 48% 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 Waltham?

Using the 30% rule, a real estate agent salary in Massachusetts (~$76,073/yr) supports up to $1,902 a month in rent. Waltham's current median rent is $3,042/mo, which is $1,140/mo over the affordability threshold.

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

At an hourly equivalent of about $37 an hour, a real estate agent in Massachusetts works roughly 83.2 hours a month to cover Waltham's median rent of $3,042.

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

Nearby Massachusetts cities with lower median rent include Bedford ($3,037/mo), Watertown ($3,036/mo), Watertown ($3,035/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 Waltham, MA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.