Can A Real Estate Agent Afford Rent in Wood Village, OR?

Comfortably affordable — rent takes 28.6% of gross income.

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

Wood Village median rent
$1,626/mo
Real Estate Agent salary (Oregon)
$68,203/yr
Rent as % of income
28.6%
Gross monthly income works out to about $5,684, and the 30% rule supports up to $1,705/mo in rent. Wood Village's median rent of $1,626 leaves roughly $79/mo of headroom under that threshold. A real estate agent works roughly 49.6 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 Wood Village, which improves the affordability math on a real estate agent salary:

Raleigh Hills, OR
$1,625/mo (28.6% of income)
Prineville, OR
$1,625/mo (28.6% of income)
West Slope, OR
$1,623/mo (28.6% of income)

Compare with full rent data for Wood Village

View full rent data for Wood Village, OR

Frequently asked questions

Can a real estate agent afford rent in Wood Village, OR?

Median rent in Wood Village is $1,626 a month. A typical real estate agent in Oregon earns about $68,203 a year, which makes that rent 28.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a real estate agent afford in Wood Village?

Using the 30% rule, a real estate agent salary in Oregon (~$68,203/yr) supports up to $1,705 a month in rent. Wood Village's current median rent is $1,626/mo, which leaves a $79/mo buffer.

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

At an hourly equivalent of about $33 an hour, a real estate agent in Oregon works roughly 49.6 hours a month to cover Wood Village's median rent of $1,626.

Where is rent cheaper than Wood Village for a real estate agent?

Nearby Oregon cities with lower median rent include Raleigh Hills ($1,625/mo), Prineville ($1,625/mo), West Slope ($1,623/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 Wood Village, OR. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.