Can A Real Estate Agent Afford Rent in Franklin, WI?
Stretched but workable — rent takes 37.5% of gross income.
Franklin rent: June 2026. Salary: BLS OEWS May 2024 (Wisconsin 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 Wisconsin cities have lower median rent than Franklin, which improves the affordability math on a real estate agent salary:
Compare with full rent data for Franklin
View full rent data for Franklin, WI →Frequently asked questions
Can a real estate agent afford rent in Franklin, WI?
Median rent in Franklin is $1,947 a month. A typical real estate agent in Wisconsin earns about $62,301 a year, which makes that rent 37.5% 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 Franklin?
Using the 30% rule, a real estate agent salary in Wisconsin (~$62,301/yr) supports up to $1,558 a month in rent. Franklin's current median rent is $1,947/mo, which is $389/mo over the affordability threshold.
How many hours does a real estate agent work to cover rent in Franklin?
At an hourly equivalent of about $30 an hour, a real estate agent in Wisconsin works roughly 65 hours a month to cover Franklin's median rent of $1,947.
Where is rent cheaper than Franklin for a real estate agent?
Nearby Wisconsin cities with lower median rent include Hudson ($1,918/mo), Hudson ($1,909/mo), Hudson ($1,897/mo). Each shifts the affordability math materially on a real estate agent salary.