Can A Real Estate Agent Afford Rent in Henrico, VA?
Stretched but workable — rent takes 30.9% of gross income.
Henrico rent: September 2026. Salary: BLS OEWS May 2024 (Virginia 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 Virginia cities have lower median rent than Henrico, which improves the affordability math on a real estate agent salary:
Compare with full rent data for Henrico
View full rent data for Henrico, VA →Frequently asked questions
Can a real estate agent afford rent in Henrico, VA?
Median rent in Henrico is $1,722 a month. A typical real estate agent in Virginia earns about $66,892 a year, which makes that rent 30.9% 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 Henrico?
Using the 30% rule, a real estate agent salary in Virginia (~$66,892/yr) supports up to $1,672 a month in rent. Henrico's current median rent is $1,722/mo, which is $50/mo over the affordability threshold.
How many hours does a real estate agent work to cover rent in Henrico?
At an hourly equivalent of about $32 an hour, a real estate agent in Virginia works roughly 53.5 hours a month to cover Henrico's median rent of $1,722.
Where is rent cheaper than Henrico for a real estate agent?
Nearby Virginia cities with lower median rent include Colonial Heights ($1,721/mo), Harrisonburg ($1,720/mo), Winchester ($1,719/mo). Each shifts the affordability math materially on a real estate agent salary.