Can A Real Estate Agent Afford Rent in South Portland, ME?

Rent-burdened — rent takes 49.8% of gross income.

South Portland rent: June 2026. Salary: BLS OEWS May 2024 (Maine state estimate).

South Portland median rent
$2,533/mo
Real Estate Agent salary (Maine)
$60,989/yr
Rent as % of income
49.8%
Gross monthly income works out to about $5,082, and the 30% rule supports up to $1,525/mo in rent. South Portland's median rent of $2,533 exceeds that threshold by $1,008/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 86.4 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 South Portland, which improves the affordability math on a real estate agent salary:

Freeport, ME
$2,532/mo (49.8% of income)
Yarmouth, ME
$2,518/mo (49.5% of income)
Kittery, ME
$2,472/mo (48.6% of income)

Compare with full rent data for South Portland

View full rent data for South Portland, ME

Frequently asked questions

Can a real estate agent afford rent in South Portland, ME?

Median rent in South Portland is $2,533 a month. A typical real estate agent in Maine earns about $60,989 a year, which makes that rent 49.8% 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 South Portland?

Using the 30% rule, a real estate agent salary in Maine (~$60,989/yr) supports up to $1,525 a month in rent. South Portland's current median rent is $2,533/mo, which is $1,008/mo over the affordability threshold.

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

At an hourly equivalent of about $29 an hour, a real estate agent in Maine works roughly 86.4 hours a month to cover South Portland's median rent of $2,533.

Where is rent cheaper than South Portland for a real estate agent?

Nearby Maine cities with lower median rent include Freeport ($2,532/mo), Yarmouth ($2,518/mo), Kittery ($2,472/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 South Portland, ME. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.