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

Stretched but workable — rent takes 35.8% of gross income.

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

Suffolk median rent
$1,993/mo
Real Estate Agent salary (Virginia)
$66,892/yr
Rent as % of income
35.8%
Gross monthly income works out to about $5,574, and the 30% rule supports up to $1,672/mo in rent. Suffolk's median rent of $1,993 exceeds that threshold by $321/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 62 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 Suffolk, which improves the affordability math on a real estate agent salary:

Blacksburg, VA
$1,987/mo (35.6% of income)
Charlottesville, VA
$1,986/mo (35.6% of income)
Stephens City, VA
$1,985/mo (35.6% of income)

Compare with full rent data for Suffolk

View full rent data for Suffolk, VA

Frequently asked questions

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

Median rent in Suffolk is $1,993 a month. A typical real estate agent in Virginia earns about $66,892 a year, which makes that rent 35.8% 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 Suffolk?

Using the 30% rule, a real estate agent salary in Virginia (~$66,892/yr) supports up to $1,672 a month in rent. Suffolk's current median rent is $1,993/mo, which is $321/mo over the affordability threshold.

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

At an hourly equivalent of about $32 an hour, a real estate agent in Virginia works roughly 62 hours a month to cover Suffolk's median rent of $1,993.

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

Nearby Virginia cities with lower median rent include Blacksburg ($1,987/mo), Charlottesville ($1,986/mo), Stephens City ($1,985/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 Suffolk, VA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.