Can A Real Estate Agent Afford Rent in Lakewood, WA?

Comfortably affordable — rent takes 27.9% of gross income.

Lakewood rent: June 2026. Salary: BLS OEWS May 2024 (Washington state estimate).

Lakewood median rent
$1,708/mo
Real Estate Agent salary (Washington)
$73,450/yr
Rent as % of income
27.9%
Gross monthly income works out to about $6,121, and the 30% rule supports up to $1,836/mo in rent. Lakewood's median rent of $1,708 leaves roughly $128/mo of headroom under that threshold. A real estate agent works roughly 48.4 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 Washington cities have lower median rent than Lakewood, which improves the affordability math on a real estate agent salary:

Fife, WA
$1,707/mo (27.9% of income)
Fife, WA
$1,706/mo (27.9% of income)
Renton, WA
$1,705/mo (27.9% of income)

Compare with full rent data for Lakewood

View full rent data for Lakewood, WA

Frequently asked questions

Can a real estate agent afford rent in Lakewood, WA?

Median rent in Lakewood is $1,708 a month. A typical real estate agent in Washington earns about $73,450 a year, which makes that rent 27.9% of gross monthly income. Under the 30% rule, the answer is yes.

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

Using the 30% rule, a real estate agent salary in Washington (~$73,450/yr) supports up to $1,836 a month in rent. Lakewood's current median rent is $1,708/mo, which leaves a $128/mo buffer.

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

At an hourly equivalent of about $35 an hour, a real estate agent in Washington works roughly 48.4 hours a month to cover Lakewood's median rent of $1,708.

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

Nearby Washington cities with lower median rent include Fife ($1,707/mo), Fife ($1,706/mo), Renton ($1,705/mo). Each shifts the affordability math materially on a real estate agent salary.

Methodology: Salary uses the BLS-derived Washington state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Lakewood, WA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.