Can A Real Estate Agent Afford Rent in Manchester, TN?

Stretched but workable — rent takes 30.2% of gross income.

Manchester rent: July 2026. Salary: BLS OEWS May 2024 (Tennessee state estimate).

Manchester median rent
$1,516/mo
Real Estate Agent salary (Tennessee)
$60,334/yr
Rent as % of income
30.2%
Gross monthly income works out to about $5,028, and the 30% rule supports up to $1,508/mo in rent. Manchester's median rent of $1,516 exceeds that threshold by $8/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 52.3 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 Tennessee cities have lower median rent than Manchester, which improves the affordability math on a real estate agent salary:

Seymour, TN
$1,514/mo (30.1% of income)
Millington, TN
$1,513/mo (30.1% of income)
Hixson, TN
$1,512/mo (30.1% of income)

Compare with full rent data for Manchester

View full rent data for Manchester, TN

Frequently asked questions

Can a real estate agent afford rent in Manchester, TN?

Median rent in Manchester is $1,516 a month. A typical real estate agent in Tennessee earns about $60,334 a year, which makes that rent 30.2% 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 Manchester?

Using the 30% rule, a real estate agent salary in Tennessee (~$60,334/yr) supports up to $1,508 a month in rent. Manchester's current median rent is $1,516/mo, which is $8/mo over the affordability threshold.

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

At an hourly equivalent of about $29 an hour, a real estate agent in Tennessee works roughly 52.3 hours a month to cover Manchester's median rent of $1,516.

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

Nearby Tennessee cities with lower median rent include Seymour ($1,514/mo), Millington ($1,513/mo), Hixson ($1,512/mo). Each shifts the affordability math materially on a real estate agent salary.

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