Can A Real Estate Agent Afford Rent in Canyon, TX?

Comfortably affordable — rent takes 24% of gross income.

Canyon rent: June 2026. Salary: BLS OEWS May 2024 (Texas state estimate).

Canyon median rent
$1,296/mo
Real Estate Agent salary (Texas)
$64,924/yr
Rent as % of income
24%
Gross monthly income works out to about $5,410, and the 30% rule supports up to $1,623/mo in rent. Canyon's median rent of $1,296 leaves roughly $327/mo of headroom under that threshold. A real estate agent works roughly 41.5 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 Texas cities have lower median rent than Canyon, which improves the affordability math on a real estate agent salary:

Allen, TX
$1,295/mo (23.9% of income)
Cleburne, TX
$1,295/mo (23.9% of income)
Seguin, TX
$1,295/mo (23.9% of income)

Compare with full rent data for Canyon

View full rent data for Canyon, TX

Frequently asked questions

Can a real estate agent afford rent in Canyon, TX?

Median rent in Canyon is $1,296 a month. A typical real estate agent in Texas earns about $64,924 a year, which makes that rent 24% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a real estate agent afford in Canyon?

Using the 30% rule, a real estate agent salary in Texas (~$64,924/yr) supports up to $1,623 a month in rent. Canyon's current median rent is $1,296/mo, which leaves a $327/mo buffer.

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

At an hourly equivalent of about $31 an hour, a real estate agent in Texas works roughly 41.5 hours a month to cover Canyon's median rent of $1,296.

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

Nearby Texas cities with lower median rent include Allen ($1,295/mo), Cleburne ($1,295/mo), Seguin ($1,295/mo). Each shifts the affordability math materially on a real estate agent salary.

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