Can A Real Estate Agent Afford Rent in Coon Rapids, MN?

Comfortably affordable — rent takes 29.9% of gross income.

Coon Rapids rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Coon Rapids median rent
$1,700/mo
Real Estate Agent salary (Minnesota)
$68,203/yr
Rent as % of income
29.9%
Gross monthly income works out to about $5,684, and the 30% rule supports up to $1,705/mo in rent. Coon Rapids's median rent of $1,700 leaves roughly $5/mo of headroom under that threshold. A real estate agent works roughly 51.8 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 Minnesota cities have lower median rent than Coon Rapids, which improves the affordability math on a real estate agent salary:

Saint Louis Park, MN
$1,698/mo (29.9% of income)
Rochester, MN
$1,698/mo (29.9% of income)
Savage, MN
$1,697/mo (29.9% of income)

Compare with full rent data for Coon Rapids

View full rent data for Coon Rapids, MN

Frequently asked questions

Can a real estate agent afford rent in Coon Rapids, MN?

Median rent in Coon Rapids is $1,700 a month. A typical real estate agent in Minnesota earns about $68,203 a year, which makes that rent 29.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a real estate agent afford in Coon Rapids?

Using the 30% rule, a real estate agent salary in Minnesota (~$68,203/yr) supports up to $1,705 a month in rent. Coon Rapids's current median rent is $1,700/mo, which leaves a $5/mo buffer.

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

At an hourly equivalent of about $33 an hour, a real estate agent in Minnesota works roughly 51.8 hours a month to cover Coon Rapids's median rent of $1,700.

Where is rent cheaper than Coon Rapids for a real estate agent?

Nearby Minnesota cities with lower median rent include Saint Louis Park ($1,698/mo), Rochester ($1,698/mo), Savage ($1,697/mo). Each shifts the affordability math materially on a real estate agent salary.

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