Can A Real Estate Agent Afford Rent in Horn Lake, MS?

Stretched but workable — rent takes 35.5% of gross income.

Horn Lake rent: June 2026. Salary: BLS OEWS May 2024 (Mississippi state estimate).

Horn Lake median rent
$1,571/mo
Real Estate Agent salary (Mississippi)
$53,120/yr
Rent as % of income
35.5%
Gross monthly income works out to about $4,427, and the 30% rule supports up to $1,328/mo in rent. Horn Lake's median rent of $1,571 exceeds that threshold by $243/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 61.5 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 Mississippi cities have lower median rent than Horn Lake, which improves the affordability math on a real estate agent salary:

Olive Branch, MS
$1,567/mo (35.4% of income)
Diberville, MS
$1,549/mo (35% of income)
Southaven, MS
$1,540/mo (34.8% of income)

Compare with full rent data for Horn Lake

View full rent data for Horn Lake, MS

Frequently asked questions

Can a real estate agent afford rent in Horn Lake, MS?

Median rent in Horn Lake is $1,571 a month. A typical real estate agent in Mississippi earns about $53,120 a year, which makes that rent 35.5% 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 Horn Lake?

Using the 30% rule, a real estate agent salary in Mississippi (~$53,120/yr) supports up to $1,328 a month in rent. Horn Lake's current median rent is $1,571/mo, which is $243/mo over the affordability threshold.

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

At an hourly equivalent of about $26 an hour, a real estate agent in Mississippi works roughly 61.5 hours a month to cover Horn Lake's median rent of $1,571.

Where is rent cheaper than Horn Lake for a real estate agent?

Nearby Mississippi cities with lower median rent include Olive Branch ($1,567/mo), Diberville ($1,549/mo), Southaven ($1,540/mo). Each shifts the affordability math materially on a real estate agent salary.

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