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

Comfortably affordable — rent takes 24% of gross income.

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

Farmington median rent
$1,350/mo
Real Estate Agent salary (New Hampshire)
$67,547/yr
Rent as % of income
24%
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 $1,350 leaves roughly $339/mo of headroom under that threshold. A real estate agent works roughly 41.6 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:

Laconia, NH
$1,332/mo (23.7% of income)
Laconia, NH
$1,324/mo (23.5% of income)
Manchester, NH
$1,307/mo (23.2% 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 $1,350 a month. A typical real estate agent in New Hampshire earns about $67,547 a year, which makes that rent 24% of gross monthly income. Under the 30% rule, the answer is yes.

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 $1,350/mo, which leaves a $339/mo buffer.

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 41.6 hours a month to cover Farmington's median rent of $1,350.

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

Nearby New Hampshire cities with lower median rent include Laconia ($1,332/mo), Laconia ($1,324/mo), Manchester ($1,307/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.