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

Comfortably affordable — rent takes 28.5% of gross income.

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

Lakewood median rent
$1,466/mo
Real Estate Agent salary (Ohio)
$61,645/yr
Rent as % of income
28.5%
Gross monthly income works out to about $5,137, and the 30% rule supports up to $1,541/mo in rent. Lakewood's median rent of $1,466 leaves roughly $75/mo of headroom under that threshold. A real estate agent works roughly 49.5 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 Lakewood, which improves the affordability math on a real estate agent salary:

Gahanna, OH
$1,465/mo (28.5% of income)
Maple Heights, OH
$1,465/mo (28.5% of income)
Lewis Center, OH
$1,465/mo (28.5% of income)

Compare with full rent data for Lakewood

View full rent data for Lakewood, OH

Frequently asked questions

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

Median rent in Lakewood is $1,466 a month. A typical real estate agent in Ohio earns about $61,645 a year, which makes that rent 28.5% of gross monthly income. Under the 30% rule, the answer is yes.

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

Using the 30% rule, a real estate agent salary in Ohio (~$61,645/yr) supports up to $1,541 a month in rent. Lakewood's current median rent is $1,466/mo, which leaves a $75/mo buffer.

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

At an hourly equivalent of about $30 an hour, a real estate agent in Ohio works roughly 49.5 hours a month to cover Lakewood's median rent of $1,466.

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

Nearby Ohio cities with lower median rent include Gahanna ($1,465/mo), Maple Heights ($1,465/mo), Lewis Center ($1,465/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 Lakewood, OH. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.