Can A Real Estate Agent Afford Rent in Chesterfield, VA?

Stretched but workable — rent takes 38.1% of gross income.

Chesterfield rent: July 2026. Salary: BLS OEWS May 2024 (Virginia state estimate).

Chesterfield median rent
$2,124/mo
Real Estate Agent salary (Virginia)
$66,892/yr
Rent as % of income
38.1%
Gross monthly income works out to about $5,574, and the 30% rule supports up to $1,672/mo in rent. Chesterfield's median rent of $2,124 exceeds that threshold by $452/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 66 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 Virginia cities have lower median rent than Chesterfield, which improves the affordability math on a real estate agent salary:

Belle Haven, VA
$2,123/mo (38.1% of income)
Lincolnia, VA
$2,121/mo (38% of income)
Belle Haven, VA
$2,118/mo (38% of income)

Compare with full rent data for Chesterfield

View full rent data for Chesterfield, VA

Frequently asked questions

Can a real estate agent afford rent in Chesterfield, VA?

Median rent in Chesterfield is $2,124 a month. A typical real estate agent in Virginia earns about $66,892 a year, which makes that rent 38.1% 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 Chesterfield?

Using the 30% rule, a real estate agent salary in Virginia (~$66,892/yr) supports up to $1,672 a month in rent. Chesterfield's current median rent is $2,124/mo, which is $452/mo over the affordability threshold.

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

At an hourly equivalent of about $32 an hour, a real estate agent in Virginia works roughly 66 hours a month to cover Chesterfield's median rent of $2,124.

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

Nearby Virginia cities with lower median rent include Belle Haven ($2,123/mo), Lincolnia ($2,121/mo), Belle Haven ($2,118/mo). Each shifts the affordability math materially on a real estate agent salary.

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