Can A Pharmacist Afford Rent in Palos Verdes Estates, CA?

Rent-burdened — rent takes 68.2% of gross income.

Palos Verdes Estates rent: June 2026. Salary: BLS OEWS May 2024 (California state estimate).

Palos Verdes Estates median rent
$8,898/mo
Pharmacist salary (California)
$156,645/yr
Rent as % of income
68.2%
Gross monthly income works out to about $13,054, and the 30% rule supports up to $3,916/mo in rent. Palos Verdes Estates's median rent of $8,898 exceeds that threshold by $4,982/mo, putting a pharmacist salary into the rent-burdened range here. A pharmacist works roughly 118.2 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 California cities have lower median rent than Palos Verdes Estates, which improves the affordability math on a pharmacist salary:

Del Mar, CA
$8,367/mo (64.1% of income)
Coto de Caza, CA
$8,000/mo (61.3% of income)
Los Altos, CA
$7,992/mo (61.2% of income)

Compare with full rent data for Palos Verdes Estates

View full rent data for Palos Verdes Estates, CA

Frequently asked questions

Can a pharmacist afford rent in Palos Verdes Estates, CA?

Median rent in Palos Verdes Estates is $8,898 a month. A typical pharmacist in California earns about $156,645 a year, which makes that rent 68.2% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a pharmacist afford in Palos Verdes Estates?

Using the 30% rule, a pharmacist salary in California (~$156,645/yr) supports up to $3,916 a month in rent. Palos Verdes Estates's current median rent is $8,898/mo, which is $4,982/mo over the affordability threshold.

How many hours does a pharmacist work to cover rent in Palos Verdes Estates?

At an hourly equivalent of about $75 an hour, a pharmacist in California works roughly 118.2 hours a month to cover Palos Verdes Estates's median rent of $8,898.

Where is rent cheaper than Palos Verdes Estates for a pharmacist?

Nearby California cities with lower median rent include Del Mar ($8,367/mo), Coto de Caza ($8,000/mo), Los Altos ($7,992/mo). Each shifts the affordability math materially on a pharmacist salary.

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