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

Comfortably affordable — rent takes 27% of gross income.

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

Radford median rent
$1,503/mo
Real Estate Agent salary (Virginia)
$66,892/yr
Rent as % of income
27%
Gross monthly income works out to about $5,574, and the 30% rule supports up to $1,672/mo in rent. Radford's median rent of $1,503 leaves roughly $169/mo of headroom under that threshold. A real estate agent works roughly 46.7 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 Radford, which improves the affordability math on a real estate agent salary:

Portsmouth, VA
$1,500/mo (26.9% of income)
Newport News, VA
$1,499/mo (26.9% of income)
Staunton, VA
$1,499/mo (26.9% of income)

Compare with full rent data for Radford

View full rent data for Radford, VA

Frequently asked questions

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

Median rent in Radford is $1,503 a month. A typical real estate agent in Virginia earns about $66,892 a year, which makes that rent 27% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a real estate agent afford in Radford?

Using the 30% rule, a real estate agent salary in Virginia (~$66,892/yr) supports up to $1,672 a month in rent. Radford's current median rent is $1,503/mo, which leaves a $169/mo buffer.

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

At an hourly equivalent of about $32 an hour, a real estate agent in Virginia works roughly 46.7 hours a month to cover Radford's median rent of $1,503.

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

Nearby Virginia cities with lower median rent include Portsmouth ($1,500/mo), Newport News ($1,499/mo), Staunton ($1,499/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 Radford, VA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.