Can A Real Estate Agent Afford Rent in Ithaca, NY?

Stretched but workable — rent takes 31.3% of gross income.

Ithaca rent: June 2026. Salary: BLS OEWS May 2024 (New York state estimate).

Ithaca median rent
$1,947/mo
Real Estate Agent salary (New York)
$74,761/yr
Rent as % of income
31.3%
Gross monthly income works out to about $6,230, and the 30% rule supports up to $1,869/mo in rent. Ithaca's median rent of $1,947 exceeds that threshold by $78/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 54.2 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 York cities have lower median rent than Ithaca, which improves the affordability math on a real estate agent salary:

Poughkeepsie, NY
$1,942/mo (31.2% of income)
Saratoga Springs, NY
$1,941/mo (31.2% of income)
Williamsville, NY
$1,935/mo (31.1% of income)

Compare with full rent data for Ithaca

View full rent data for Ithaca, NY

Frequently asked questions

Can a real estate agent afford rent in Ithaca, NY?

Median rent in Ithaca is $1,947 a month. A typical real estate agent in New York earns about $74,761 a year, which makes that rent 31.3% 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 Ithaca?

Using the 30% rule, a real estate agent salary in New York (~$74,761/yr) supports up to $1,869 a month in rent. Ithaca's current median rent is $1,947/mo, which is $78/mo over the affordability threshold.

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

At an hourly equivalent of about $36 an hour, a real estate agent in New York works roughly 54.2 hours a month to cover Ithaca's median rent of $1,947.

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

Nearby New York cities with lower median rent include Poughkeepsie ($1,942/mo), Saratoga Springs ($1,941/mo), Williamsville ($1,935/mo). Each shifts the affordability math materially on a real estate agent salary.

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