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

Comfortably affordable — rent takes 23.8% of gross income.

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

Laramie median rent
$1,224/mo
Real Estate Agent salary (Wyoming)
$61,645/yr
Rent as % of income
23.8%
Gross monthly income works out to about $5,137, and the 30% rule supports up to $1,541/mo in rent. Laramie's median rent of $1,224 leaves roughly $317/mo of headroom under that threshold. A real estate agent works roughly 41.3 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 Laramie, which improves the affordability math on a real estate agent salary:

Casper, WY
$1,223/mo (23.8% of income)
Gillette, WY
$1,223/mo (23.8% of income)
Casper, WY
$1,203/mo (23.4% of income)

Compare with full rent data for Laramie

View full rent data for Laramie, WY

Frequently asked questions

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

Median rent in Laramie is $1,224 a month. A typical real estate agent in Wyoming earns about $61,645 a year, which makes that rent 23.8% of gross monthly income. Under the 30% rule, the answer is yes.

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

Using the 30% rule, a real estate agent salary in Wyoming (~$61,645/yr) supports up to $1,541 a month in rent. Laramie's current median rent is $1,224/mo, which leaves a $317/mo buffer.

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

At an hourly equivalent of about $30 an hour, a real estate agent in Wyoming works roughly 41.3 hours a month to cover Laramie's median rent of $1,224.

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

Nearby Wyoming cities with lower median rent include Casper ($1,223/mo), Gillette ($1,223/mo), Casper ($1,203/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 Laramie, WY. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.