Can A Real Estate Agent Afford Rent in Farmington, NH?

Stretched but workable — rent takes 34.6% of gross income.

Farmington rent: March 2026. Salary: BLS OEWS May 2024 (New Hampshire state estimate).

Farmington median rent
$1,946/mo
Real Estate Agent salary (New Hampshire)
$67,547/yr
Rent as % of income
34.6%
Gross monthly income works out to about $5,629, and the 30% rule supports up to $1,689/mo in rent. Farmington's median rent of $1,946 exceeds that threshold by $257/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 59.9 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 New Hampshire cities have lower median rent than Farmington, which improves the affordability math on a real estate agent salary:

Manchester, NH
$1,940/mo (34.5% of income)
Hampton, NH
$1,935/mo (34.4% of income)
Hampton, NH
$1,934/mo (34.4% of income)

Compare with full rent data for Farmington

View full rent data for Farmington, NH

Frequently asked questions

Can a real estate agent afford rent in Farmington, NH?

Median rent in Farmington is $1,946 a month. A typical real estate agent in New Hampshire earns about $67,547 a year, which makes that rent 34.6% 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 Farmington?

Using the 30% rule, a real estate agent salary in New Hampshire (~$67,547/yr) supports up to $1,689 a month in rent. Farmington's current median rent is $1,946/mo, which is $257/mo over the affordability threshold.

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

At an hourly equivalent of about $32 an hour, a real estate agent in New Hampshire works roughly 59.9 hours a month to cover Farmington's median rent of $1,946.

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

Nearby New Hampshire cities with lower median rent include Manchester ($1,940/mo), Hampton ($1,935/mo), Hampton ($1,934/mo). Each shifts the affordability math materially on a real estate agent salary.

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