Can A Real Estate Agent Afford Rent in Mineral Wells, TX?
Comfortably affordable — rent takes 21.9% of gross income.
Mineral Wells rent: July 2026. Salary: BLS OEWS May 2024 (Texas 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 Texas cities have lower median rent than Mineral Wells, which improves the affordability math on a real estate agent salary:
Compare with full rent data for Mineral Wells
View full rent data for Mineral Wells, TX →Frequently asked questions
Can a real estate agent afford rent in Mineral Wells, TX?
Median rent in Mineral Wells is $1,187 a month. A typical real estate agent in Texas earns about $64,924 a year, which makes that rent 21.9% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a real estate agent afford in Mineral Wells?
Using the 30% rule, a real estate agent salary in Texas (~$64,924/yr) supports up to $1,623 a month in rent. Mineral Wells's current median rent is $1,187/mo, which leaves a $436/mo buffer.
How many hours does a real estate agent work to cover rent in Mineral Wells?
At an hourly equivalent of about $31 an hour, a real estate agent in Texas works roughly 38 hours a month to cover Mineral Wells's median rent of $1,187.
Where is rent cheaper than Mineral Wells for a real estate agent?
Nearby Texas cities with lower median rent include Victoria ($1,186/mo), Orange ($1,186/mo), Big Spring ($1,185/mo). Each shifts the affordability math materially on a real estate agent salary.