Can A Real Estate Agent Afford Rent in Newport News, VA?

Comfortably affordable — rent takes 28.5% of gross income.

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

Newport News median rent
$1,587/mo
Real Estate Agent salary (Virginia)
$66,892/yr
Rent as % of income
28.5%
Gross monthly income works out to about $5,574, and the 30% rule supports up to $1,672/mo in rent. Newport News's median rent of $1,587 leaves roughly $85/mo of headroom under that threshold. A real estate agent works roughly 49.3 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 Newport News, which improves the affordability math on a real estate agent salary:

Hampton, VA
$1,585/mo (28.4% of income)
Hampton, VA
$1,585/mo (28.4% of income)
Hampton, VA
$1,581/mo (28.4% of income)

Compare with full rent data for Newport News

View full rent data for Newport News, VA

Frequently asked questions

Can a real estate agent afford rent in Newport News, VA?

Median rent in Newport News is $1,587 a month. A typical real estate agent in Virginia earns about $66,892 a year, which makes that rent 28.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a real estate agent afford in Newport News?

Using the 30% rule, a real estate agent salary in Virginia (~$66,892/yr) supports up to $1,672 a month in rent. Newport News's current median rent is $1,587/mo, which leaves a $85/mo buffer.

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

At an hourly equivalent of about $32 an hour, a real estate agent in Virginia works roughly 49.3 hours a month to cover Newport News's median rent of $1,587.

Where is rent cheaper than Newport News for a real estate agent?

Nearby Virginia cities with lower median rent include Hampton ($1,585/mo), Hampton ($1,585/mo), Hampton ($1,581/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 Newport News, VA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.