Can A Real Estate Agent Afford Rent in Northfield, MN?
Stretched but workable — rent takes 30.7% of gross income.
Northfield rent: July 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).
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 Northfield, which improves the affordability math on a real estate agent salary:
Compare with full rent data for Northfield
View full rent data for Northfield, MN →Frequently asked questions
Can a real estate agent afford rent in Northfield, MN?
Median rent in Northfield is $1,745 a month. A typical real estate agent in Minnesota earns about $68,203 a year, which makes that rent 30.7% 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 Northfield?
Using the 30% rule, a real estate agent salary in Minnesota (~$68,203/yr) supports up to $1,705 a month in rent. Northfield's current median rent is $1,745/mo, which is $40/mo over the affordability threshold.
How many hours does a real estate agent work to cover rent in Northfield?
At an hourly equivalent of about $33 an hour, a real estate agent in Minnesota works roughly 53.2 hours a month to cover Northfield's median rent of $1,745.
Where is rent cheaper than Northfield for a real estate agent?
Nearby Minnesota cities with lower median rent include Eden Prairie ($1,744/mo), Saint Louis Park ($1,744/mo), Saint Louis Park ($1,741/mo). Each shifts the affordability math materially on a real estate agent salary.