Can A Real Estate Agent Afford Rent in Franklin, OH?

Comfortably affordable — rent takes 24.5% of gross income.

Franklin rent: June 2026. Salary: BLS OEWS May 2024 (Ohio state estimate).

Franklin median rent
$1,259/mo
Real Estate Agent salary (Ohio)
$61,645/yr
Rent as % of income
24.5%
Gross monthly income works out to about $5,137, and the 30% rule supports up to $1,541/mo in rent. Franklin's median rent of $1,259 leaves roughly $282/mo of headroom under that threshold. A real estate agent works roughly 42.5 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 Ohio cities have lower median rent than Franklin, which improves the affordability math on a real estate agent salary:

Parma Heights, OH
$1,258/mo (24.5% of income)
Parma Heights, OH
$1,258/mo (24.5% of income)
Middletown, OH
$1,257/mo (24.5% of income)

Compare with full rent data for Franklin

View full rent data for Franklin, OH

Frequently asked questions

Can a real estate agent afford rent in Franklin, OH?

Median rent in Franklin is $1,259 a month. A typical real estate agent in Ohio earns about $61,645 a year, which makes that rent 24.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a real estate agent afford in Franklin?

Using the 30% rule, a real estate agent salary in Ohio (~$61,645/yr) supports up to $1,541 a month in rent. Franklin's current median rent is $1,259/mo, which leaves a $282/mo buffer.

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

At an hourly equivalent of about $30 an hour, a real estate agent in Ohio works roughly 42.5 hours a month to cover Franklin's median rent of $1,259.

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

Nearby Ohio cities with lower median rent include Parma Heights ($1,258/mo), Parma Heights ($1,258/mo), Middletown ($1,257/mo). Each shifts the affordability math materially on a real estate agent salary.

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