Can A Pharmacist Afford Rent in Madison, AL?

Comfortably affordable — rent takes 15.2% of gross income.

Madison rent: June 2026. Salary: BLS OEWS May 2024 (Alabama state estimate).

Madison median rent
$1,442/mo
Pharmacist salary (Alabama)
$114,165/yr
Rent as % of income
15.2%
Gross monthly income works out to about $9,514, and the 30% rule supports up to $2,854/mo in rent. Madison's median rent of $1,442 leaves roughly $1,412/mo of headroom under that threshold. A pharmacist works roughly 26.3 hours a month to cover that rent.

About rent and a pharmacist salary

Pharmacist pay covers comfortable rent in nearly every US city. At the national-average pharmacist salary, the 30% rule supports about $3,319 a month in rent — above median rent in all but a handful of high-cost coastal metros.

Cheaper rent nearby

These Alabama cities have lower median rent than Madison, which improves the affordability math on a pharmacist salary:

Enterprise, AL
$1,441/mo (15.1% of income)
Enterprise, AL
$1,439/mo (15.1% of income)
Homewood, AL
$1,438/mo (15.1% of income)

Compare with full rent data for Madison

View full rent data for Madison, AL

Frequently asked questions

Can a pharmacist afford rent in Madison, AL?

Median rent in Madison is $1,442 a month. A typical pharmacist in Alabama earns about $114,165 a year, which makes that rent 15.2% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Madison?

Using the 30% rule, a pharmacist salary in Alabama (~$114,165/yr) supports up to $2,854 a month in rent. Madison's current median rent is $1,442/mo, which leaves a $1,412/mo buffer.

How many hours does a pharmacist work to cover rent in Madison?

At an hourly equivalent of about $55 an hour, a pharmacist in Alabama works roughly 26.3 hours a month to cover Madison's median rent of $1,442.

Where is rent cheaper than Madison for a pharmacist?

Nearby Alabama cities with lower median rent include Enterprise ($1,441/mo), Enterprise ($1,439/mo), Homewood ($1,438/mo). Each shifts the affordability math materially on a pharmacist salary.

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