Can A Real Estate Agent Afford Rent in Madison Heights, VA?
Comfortably affordable — rent takes 24.2% of gross income.
Madison Heights rent: June 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 Madison Heights, which improves the affordability math on a real estate agent salary:
Compare with full rent data for Madison Heights
View full rent data for Madison Heights, VA →Frequently asked questions
Can a real estate agent afford rent in Madison Heights, VA?
Median rent in Madison Heights is $1,351 a month. A typical real estate agent in Virginia earns about $66,892 a year, which makes that rent 24.2% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a real estate agent afford in Madison Heights?
Using the 30% rule, a real estate agent salary in Virginia (~$66,892/yr) supports up to $1,672 a month in rent. Madison Heights's current median rent is $1,351/mo, which leaves a $321/mo buffer.
How many hours does a real estate agent work to cover rent in Madison Heights?
At an hourly equivalent of about $32 an hour, a real estate agent in Virginia works roughly 42 hours a month to cover Madison Heights's median rent of $1,351.
Where is rent cheaper than Madison Heights for a real estate agent?
Nearby Virginia cities with lower median rent include Hopewell ($1,348/mo), Staunton ($1,348/mo), Roanoke ($1,345/mo). Each shifts the affordability math materially on a real estate agent salary.