Can A Real Estate Agent Afford Rent in Wilmington, NC?

Stretched but workable — rent takes 33% of gross income.

Wilmington rent: June 2026. Salary: BLS OEWS May 2024 (North Carolina state estimate).

Wilmington median rent
$1,694/mo
Real Estate Agent salary (North Carolina)
$61,645/yr
Rent as % of income
33%
Gross monthly income works out to about $5,137, and the 30% rule supports up to $1,541/mo in rent. Wilmington's median rent of $1,694 exceeds that threshold by $153/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 57.2 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 North Carolina cities have lower median rent than Wilmington, which improves the affordability math on a real estate agent salary:

Leland, NC
$1,693/mo (33% of income)
Holly Ridge, NC
$1,693/mo (33% of income)
Weaverville, NC
$1,692/mo (32.9% of income)

Compare with full rent data for Wilmington

View full rent data for Wilmington, NC

Frequently asked questions

Can a real estate agent afford rent in Wilmington, NC?

Median rent in Wilmington is $1,694 a month. A typical real estate agent in North Carolina earns about $61,645 a year, which makes that rent 33% 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 Wilmington?

Using the 30% rule, a real estate agent salary in North Carolina (~$61,645/yr) supports up to $1,541 a month in rent. Wilmington's current median rent is $1,694/mo, which is $153/mo over the affordability threshold.

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

At an hourly equivalent of about $30 an hour, a real estate agent in North Carolina works roughly 57.2 hours a month to cover Wilmington's median rent of $1,694.

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

Nearby North Carolina cities with lower median rent include Leland ($1,693/mo), Holly Ridge ($1,693/mo), Weaverville ($1,692/mo). Each shifts the affordability math materially on a real estate agent salary.

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