Can A Real Estate Agent Afford Rent in Concord, MO?

Stretched but workable — rent takes 30% of gross income.

Concord rent: June 2026. Salary: BLS OEWS May 2024 (Missouri state estimate).

Concord median rent
$1,510/mo
Real Estate Agent salary (Missouri)
$60,334/yr
Rent as % of income
30%
Gross monthly income works out to about $5,028, and the 30% rule supports up to $1,508/mo in rent. Concord's median rent of $1,510 exceeds that threshold by $2/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 52.1 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 Missouri cities have lower median rent than Concord, which improves the affordability math on a real estate agent salary:

Blue Springs, MO
$1,503/mo (29.9% of income)
Branson, MO
$1,502/mo (29.9% of income)
North Kansas City, MO
$1,501/mo (29.9% of income)

Compare with full rent data for Concord

View full rent data for Concord, MO

Frequently asked questions

Can a real estate agent afford rent in Concord, MO?

Median rent in Concord is $1,510 a month. A typical real estate agent in Missouri earns about $60,334 a year, which makes that rent 30% 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 Concord?

Using the 30% rule, a real estate agent salary in Missouri (~$60,334/yr) supports up to $1,508 a month in rent. Concord's current median rent is $1,510/mo, which is $2/mo over the affordability threshold.

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

At an hourly equivalent of about $29 an hour, a real estate agent in Missouri works roughly 52.1 hours a month to cover Concord's median rent of $1,510.

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

Nearby Missouri cities with lower median rent include Blue Springs ($1,503/mo), Branson ($1,502/mo), North Kansas City ($1,501/mo). Each shifts the affordability math materially on a real estate agent salary.

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