Can A Real Estate Agent Afford Rent in Springfield, NJ?

Rent-burdened — rent takes 44% of gross income.

Springfield rent: June 2026. Salary: BLS OEWS May 2024 (New Jersey state estimate).

Springfield median rent
$2,694/mo
Real Estate Agent salary (New Jersey)
$73,450/yr
Rent as % of income
44%
Gross monthly income works out to about $6,121, and the 30% rule supports up to $1,836/mo in rent. Springfield's median rent of $2,694 exceeds that threshold by $858/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 76.3 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 Springfield, which improves the affordability math on a real estate agent salary:

South Amboy, NJ
$2,693/mo (44% of income)
Freehold, NJ
$2,693/mo (44% of income)
West Orange, NJ
$2,693/mo (44% of income)

Compare with full rent data for Springfield

View full rent data for Springfield, NJ

Frequently asked questions

Can a real estate agent afford rent in Springfield, NJ?

Median rent in Springfield is $2,694 a month. A typical real estate agent in New Jersey earns about $73,450 a year, which makes that rent 44% 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 Springfield?

Using the 30% rule, a real estate agent salary in New Jersey (~$73,450/yr) supports up to $1,836 a month in rent. Springfield's current median rent is $2,694/mo, which is $858/mo over the affordability threshold.

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

At an hourly equivalent of about $35 an hour, a real estate agent in New Jersey works roughly 76.3 hours a month to cover Springfield's median rent of $2,694.

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

Nearby New Jersey cities with lower median rent include South Amboy ($2,693/mo), Freehold ($2,693/mo), West Orange ($2,693/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 Springfield, NJ. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.