Can A Real Estate Agent Afford Rent in Powell, TN?
Rent-burdened — rent takes 41.3% of gross income.
Powell rent: June 2026. Salary: BLS OEWS May 2024 (Tennessee 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 Tennessee cities have lower median rent than Powell, which improves the affordability math on a real estate agent salary:
Compare with full rent data for Powell
View full rent data for Powell, TN →Frequently asked questions
Can a real estate agent afford rent in Powell, TN?
Median rent in Powell is $2,075 a month. A typical real estate agent in Tennessee earns about $60,334 a year, which makes that rent 41.3% 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 Powell?
Using the 30% rule, a real estate agent salary in Tennessee (~$60,334/yr) supports up to $1,508 a month in rent. Powell's current median rent is $2,075/mo, which is $567/mo over the affordability threshold.
How many hours does a real estate agent work to cover rent in Powell?
At an hourly equivalent of about $29 an hour, a real estate agent in Tennessee works roughly 71.5 hours a month to cover Powell's median rent of $2,075.
Where is rent cheaper than Powell for a real estate agent?
Nearby Tennessee cities with lower median rent include La Vergne ($2,073/mo), Thompsons Station ($2,070/mo), Franklin ($2,065/mo). Each shifts the affordability math materially on a real estate agent salary.