Can A Real Estate Agent Afford Rent in North Smithfield, RI?

Rent-burdened — rent takes 40.3% of gross income.

North Smithfield rent: June 2026. Salary: BLS OEWS May 2024 (Rhode Island state estimate).

North Smithfield median rent
$2,293/mo
Real Estate Agent salary (Rhode Island)
$68,203/yr
Rent as % of income
40.3%
Gross monthly income works out to about $5,684, and the 30% rule supports up to $1,705/mo in rent. North Smithfield's median rent of $2,293 exceeds that threshold by $588/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 69.9 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 Rhode Island cities have lower median rent than North Smithfield, which improves the affordability math on a real estate agent salary:

Bristol, RI
$2,284/mo (40.2% of income)
Bristol, RI
$2,283/mo (40.2% of income)
Bristol, RI
$2,282/mo (40.2% of income)

Compare with full rent data for North Smithfield

View full rent data for North Smithfield, RI

Frequently asked questions

Can a real estate agent afford rent in North Smithfield, RI?

Median rent in North Smithfield is $2,293 a month. A typical real estate agent in Rhode Island earns about $68,203 a year, which makes that rent 40.3% 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 North Smithfield?

Using the 30% rule, a real estate agent salary in Rhode Island (~$68,203/yr) supports up to $1,705 a month in rent. North Smithfield's current median rent is $2,293/mo, which is $588/mo over the affordability threshold.

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

At an hourly equivalent of about $33 an hour, a real estate agent in Rhode Island works roughly 69.9 hours a month to cover North Smithfield's median rent of $2,293.

Where is rent cheaper than North Smithfield for a real estate agent?

Nearby Rhode Island cities with lower median rent include Bristol ($2,284/mo), Bristol ($2,283/mo), Bristol ($2,282/mo). Each shifts the affordability math materially on a real estate agent salary.

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