Can A Real Estate Agent Afford Rent in Biddeford, ME?

Stretched but workable — rent takes 37.9% of gross income.

Biddeford rent: September 2026. Salary: BLS OEWS May 2024 (Maine state estimate).

Biddeford median rent
$1,924/mo
Real Estate Agent salary (Maine)
$60,989/yr
Rent as % of income
37.9%
Gross monthly income works out to about $5,082, and the 30% rule supports up to $1,525/mo in rent. Biddeford's median rent of $1,924 exceeds that threshold by $399/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 65.6 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 Maine cities have lower median rent than Biddeford, which improves the affordability math on a real estate agent salary:

Saco, ME
$1,923/mo (37.8% of income)
Old Orchard Beach, ME
$1,921/mo (37.8% of income)
Old Orchard Beach, ME
$1,919/mo (37.8% of income)

Compare with full rent data for Biddeford

View full rent data for Biddeford, ME →

Frequently asked questions

Can a real estate agent afford rent in Biddeford, ME?

Median rent in Biddeford is $1,924 a month. A typical real estate agent in Maine earns about $60,989 a year, which makes that rent 37.9% 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 Biddeford?

Using the 30% rule, a real estate agent salary in Maine (~$60,989/yr) supports up to $1,525 a month in rent. Biddeford's current median rent is $1,924/mo, which is $399/mo over the affordability threshold.

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

At an hourly equivalent of about $29 an hour, a real estate agent in Maine works roughly 65.6 hours a month to cover Biddeford's median rent of $1,924.

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

Nearby Maine cities with lower median rent include Saco ($1,923/mo), Old Orchard Beach ($1,921/mo), Old Orchard Beach ($1,919/mo). Each shifts the affordability math materially on a real estate agent salary.

Methodology: Salary uses the BLS-derived Maine state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Biddeford, ME. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.