Can A Real Estate Agent Afford Rent in Binghamton, NY?
Comfortably affordable — rent takes 29.5% of gross income.
Binghamton rent: September 2026. Salary: BLS OEWS May 2024 (New York state estimate).
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 York cities have lower median rent than Binghamton, which improves the affordability math on a real estate agent salary:
Compare with full rent data for Binghamton
View full rent data for Binghamton, NY →Frequently asked questions
Can a real estate agent afford rent in Binghamton, NY?
Median rent in Binghamton is $1,838 a month. A typical real estate agent in New York earns about $74,761 a year, which makes that rent 29.5% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a real estate agent afford in Binghamton?
Using the 30% rule, a real estate agent salary in New York (~$74,761/yr) supports up to $1,869 a month in rent. Binghamton's current median rent is $1,838/mo, which leaves a $31/mo buffer.
How many hours does a real estate agent work to cover rent in Binghamton?
At an hourly equivalent of about $36 an hour, a real estate agent in New York works roughly 51.1 hours a month to cover Binghamton's median rent of $1,838.
Where is rent cheaper than Binghamton for a real estate agent?
Nearby New York cities with lower median rent include Poughkeepsie ($1,836/mo), Rensselaer ($1,835/mo), Kingston ($1,834/mo). Each shifts the affordability math materially on a real estate agent salary.