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

Stretched but workable — rent takes 37.3% of gross income.

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

Springvale median rent
$1,895/mo
Real Estate Agent salary (Maine)
$60,989/yr
Rent as % of income
37.3%
Gross monthly income works out to about $5,082, and the 30% rule supports up to $1,525/mo in rent. Springvale's median rent of $1,895 exceeds that threshold by $370/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 64.6 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 Springvale, which improves the affordability math on a real estate agent salary:

Orono, ME
$1,867/mo (36.7% of income)
Bath, ME
$1,825/mo (35.9% of income)
Orono, ME
$1,805/mo (35.5% of income)

Compare with full rent data for Springvale

View full rent data for Springvale, ME

Frequently asked questions

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

Median rent in Springvale is $1,895 a month. A typical real estate agent in Maine earns about $60,989 a year, which makes that rent 37.3% 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 Springvale?

Using the 30% rule, a real estate agent salary in Maine (~$60,989/yr) supports up to $1,525 a month in rent. Springvale's current median rent is $1,895/mo, which is $370/mo over the affordability threshold.

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

At an hourly equivalent of about $29 an hour, a real estate agent in Maine works roughly 64.6 hours a month to cover Springvale's median rent of $1,895.

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

Nearby Maine cities with lower median rent include Orono ($1,867/mo), Bath ($1,825/mo), Orono ($1,805/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 Springvale, ME. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.