Can A Real Estate Agent Afford Rent in New Albany, OH?
Stretched but workable — rent takes 33.8% of gross income.
New Albany rent: June 2026. Salary: BLS OEWS May 2024 (Ohio 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 Ohio cities have lower median rent than New Albany, which improves the affordability math on a real estate agent salary:
Compare with full rent data for New Albany
View full rent data for New Albany, OH →Frequently asked questions
Can a real estate agent afford rent in New Albany, OH?
Median rent in New Albany is $1,735 a month. A typical real estate agent in Ohio earns about $61,645 a year, which makes that rent 33.8% 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 New Albany?
Using the 30% rule, a real estate agent salary in Ohio (~$61,645/yr) supports up to $1,541 a month in rent. New Albany's current median rent is $1,735/mo, which is $194/mo over the affordability threshold.
How many hours does a real estate agent work to cover rent in New Albany?
At an hourly equivalent of about $30 an hour, a real estate agent in Ohio works roughly 58.5 hours a month to cover New Albany's median rent of $1,735.
Where is rent cheaper than New Albany for a real estate agent?
Nearby Ohio cities with lower median rent include Springdale ($1,733/mo), Turpin Hills ($1,733/mo), Beavercreek ($1,732/mo). Each shifts the affordability math materially on a real estate agent salary.