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

Stretched but workable — rent takes 37.3% of gross income.

Fredericksburg rent: June 2026. Salary: BLS OEWS May 2024 (Virginia state estimate).

Fredericksburg median rent
$2,079/mo
Real Estate Agent salary (Virginia)
$66,892/yr
Rent as % of income
37.3%
Gross monthly income works out to about $5,574, and the 30% rule supports up to $1,672/mo in rent. Fredericksburg's median rent of $2,079 exceeds that threshold by $407/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 64.6 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 Fredericksburg, which improves the affordability math on a real estate agent salary:

Mechanicsville, VA
$2,078/mo (37.3% of income)
Mechanicsville, VA
$2,076/mo (37.2% of income)
Glen Allen, VA
$2,076/mo (37.2% of income)

Compare with full rent data for Fredericksburg

View full rent data for Fredericksburg, VA

Frequently asked questions

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

Median rent in Fredericksburg is $2,079 a month. A typical real estate agent in Virginia earns about $66,892 a year, which makes that rent 37.3% 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 Fredericksburg?

Using the 30% rule, a real estate agent salary in Virginia (~$66,892/yr) supports up to $1,672 a month in rent. Fredericksburg's current median rent is $2,079/mo, which is $407/mo over the affordability threshold.

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

At an hourly equivalent of about $32 an hour, a real estate agent in Virginia works roughly 64.6 hours a month to cover Fredericksburg's median rent of $2,079.

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

Nearby Virginia cities with lower median rent include Mechanicsville ($2,078/mo), Mechanicsville ($2,076/mo), Glen Allen ($2,076/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 Fredericksburg, VA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.