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

Rent-burdened — rent takes 50% of gross income.

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

Wilmington median rent
$3,169/mo
Real Estate Agent salary (Massachusetts)
$76,073/yr
Rent as % of income
50%
Gross monthly income works out to about $6,339, and the 30% rule supports up to $1,902/mo in rent. Wilmington's median rent of $3,169 exceeds that threshold by $1,267/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 86.6 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 Wilmington, which improves the affordability math on a real estate agent salary:

Watertown, MA
$3,168/mo (50% of income)
Saugus, MA
$3,167/mo (50% of income)
Reading, MA
$3,167/mo (50% of income)

Compare with full rent data for Wilmington

View full rent data for Wilmington, MA

Frequently asked questions

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

Median rent in Wilmington is $3,169 a month. A typical real estate agent in Massachusetts earns about $76,073 a year, which makes that rent 50% 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 Wilmington?

Using the 30% rule, a real estate agent salary in Massachusetts (~$76,073/yr) supports up to $1,902 a month in rent. Wilmington's current median rent is $3,169/mo, which is $1,267/mo over the affordability threshold.

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

At an hourly equivalent of about $37 an hour, a real estate agent in Massachusetts works roughly 86.6 hours a month to cover Wilmington's median rent of $3,169.

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

Nearby Massachusetts cities with lower median rent include Watertown ($3,168/mo), Saugus ($3,167/mo), Reading ($3,167/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 Wilmington, MA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.