Can A Real Estate Agent Afford Rent in Gloucester City, NJ?

Stretched but workable — rent takes 30.3% of gross income.

Gloucester City rent: April 2026. Salary: BLS OEWS May 2024 (New Jersey state estimate).

Gloucester City median rent
$1,852/mo
Real Estate Agent salary (New Jersey)
$73,450/yr
Rent as % of income
30.3%
Gross monthly income works out to about $6,121, and the 30% rule supports up to $1,836/mo in rent. Gloucester City's median rent of $1,852 exceeds that threshold by $16/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 52.4 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 Jersey cities have lower median rent than Gloucester City, which improves the affordability math on a real estate agent salary:

Pennsauken, NJ
$1,849/mo (30.2% of income)
Budd Lake, NJ
$1,847/mo (30.2% of income)
Budd Lake, NJ
$1,847/mo (30.2% of income)

Compare with full rent data for Gloucester City

View full rent data for Gloucester City, NJ

Frequently asked questions

Can a real estate agent afford rent in Gloucester City, NJ?

Median rent in Gloucester City is $1,852 a month. A typical real estate agent in New Jersey earns about $73,450 a year, which makes that rent 30.3% 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 Gloucester City?

Using the 30% rule, a real estate agent salary in New Jersey (~$73,450/yr) supports up to $1,836 a month in rent. Gloucester City's current median rent is $1,852/mo, which is $16/mo over the affordability threshold.

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

At an hourly equivalent of about $35 an hour, a real estate agent in New Jersey works roughly 52.4 hours a month to cover Gloucester City's median rent of $1,852.

Where is rent cheaper than Gloucester City for a real estate agent?

Nearby New Jersey cities with lower median rent include Pennsauken ($1,849/mo), Budd Lake ($1,847/mo), Budd Lake ($1,847/mo). Each shifts the affordability math materially on a real estate agent salary.

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