Can A Real Estate Agent Afford Rent in Waco, TX?
Comfortably affordable — rent takes 25.4% of gross income.
Waco 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 Waco, which improves the affordability math on a real estate agent salary:
Compare with full rent data for Waco
View full rent data for Waco, TX →Frequently asked questions
Can a real estate agent afford rent in Waco, TX?
Median rent in Waco is $1,373 a month. A typical real estate agent in Texas earns about $64,924 a year, which makes that rent 25.4% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a real estate agent afford in Waco?
Using the 30% rule, a real estate agent salary in Texas (~$64,924/yr) supports up to $1,623 a month in rent. Waco's current median rent is $1,373/mo, which leaves a $250/mo buffer.
How many hours does a real estate agent work to cover rent in Waco?
At an hourly equivalent of about $31 an hour, a real estate agent in Texas works roughly 44 hours a month to cover Waco's median rent of $1,373.
Where is rent cheaper than Waco for a real estate agent?
Nearby Texas cities with lower median rent include Duncanville ($1,372/mo), Georgetown ($1,372/mo), Lubbock ($1,372/mo). Each shifts the affordability math materially on a real estate agent salary.