Can A Real Estate Agent Afford Rent in Cody, WY?

Comfortably affordable — rent takes 27.9% of gross income.

Cody rent: June 2026. Salary: BLS OEWS May 2024 (Wyoming state estimate).

Cody median rent
$1,431/mo
Real Estate Agent salary (Wyoming)
$61,645/yr
Rent as % of income
27.9%
Gross monthly income works out to about $5,137, and the 30% rule supports up to $1,541/mo in rent. Cody's median rent of $1,431 leaves roughly $110/mo of headroom under that threshold. A real estate agent works roughly 48.3 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 Wyoming cities have lower median rent than Cody, which improves the affordability math on a real estate agent salary:

Sheridan, WY
$1,423/mo (27.7% of income)
Casper, WY
$1,410/mo (27.4% of income)
Casper, WY
$1,363/mo (26.5% of income)

Compare with full rent data for Cody

View full rent data for Cody, WY

Frequently asked questions

Can a real estate agent afford rent in Cody, WY?

Median rent in Cody is $1,431 a month. A typical real estate agent in Wyoming earns about $61,645 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 Cody?

Using the 30% rule, a real estate agent salary in Wyoming (~$61,645/yr) supports up to $1,541 a month in rent. Cody's current median rent is $1,431/mo, which leaves a $110/mo buffer.

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

At an hourly equivalent of about $30 an hour, a real estate agent in Wyoming works roughly 48.3 hours a month to cover Cody's median rent of $1,431.

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

Nearby Wyoming cities with lower median rent include Sheridan ($1,423/mo), Casper ($1,410/mo), Casper ($1,363/mo). Each shifts the affordability math materially on a real estate agent salary.

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