Can A Real Estate Agent Afford Rent in Albany, OR?

Stretched but workable — rent takes 31.2% of gross income.

Albany rent: June 2026. Salary: BLS OEWS May 2024 (Oregon state estimate).

Albany median rent
$1,774/mo
Real Estate Agent salary (Oregon)
$68,203/yr
Rent as % of income
31.2%
Gross monthly income works out to about $5,684, and the 30% rule supports up to $1,705/mo in rent. Albany's median rent of $1,774 exceeds that threshold by $69/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 54.1 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 Oregon cities have lower median rent than Albany, which improves the affordability math on a real estate agent salary:

Wilsonville, OR
$1,773/mo (31.2% of income)
Rockcreek, OR
$1,772/mo (31.2% of income)
Happy Valley, OR
$1,772/mo (31.2% of income)

Compare with full rent data for Albany

View full rent data for Albany, OR

Frequently asked questions

Can a real estate agent afford rent in Albany, OR?

Median rent in Albany is $1,774 a month. A typical real estate agent in Oregon earns about $68,203 a year, which makes that rent 31.2% 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 Albany?

Using the 30% rule, a real estate agent salary in Oregon (~$68,203/yr) supports up to $1,705 a month in rent. Albany's current median rent is $1,774/mo, which is $69/mo over the affordability threshold.

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

At an hourly equivalent of about $33 an hour, a real estate agent in Oregon works roughly 54.1 hours a month to cover Albany's median rent of $1,774.

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

Nearby Oregon cities with lower median rent include Wilsonville ($1,773/mo), Rockcreek ($1,772/mo), Happy Valley ($1,772/mo). Each shifts the affordability math materially on a real estate agent salary.

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