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

Stretched but workable — rent takes 34% of gross income.

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

Rancho Palos Verdes median rent
$4,433/mo
Pharmacist salary (California)
$156,645/yr
Rent as % of income
34%
Gross monthly income works out to about $13,054, and the 30% rule supports up to $3,916/mo in rent. Rancho Palos Verdes's median rent of $4,433 exceeds that threshold by $517/mo, putting a pharmacist salary into the rent-burdened range here. A pharmacist works roughly 58.9 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 Rancho Palos Verdes, which improves the affordability math on a pharmacist salary:

Calabasas, CA
$4,423/mo (33.9% of income)
Rancho Mirage, CA
$4,417/mo (33.8% of income)
Danville, CA
$4,411/mo (33.8% of income)

Compare with full rent data for Rancho Palos Verdes

View full rent data for Rancho Palos Verdes, CA

Frequently asked questions

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

Median rent in Rancho Palos Verdes is $4,433 a month. A typical pharmacist in California earns about $156,645 a year, which makes that rent 34% 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 Rancho Palos Verdes?

Using the 30% rule, a pharmacist salary in California (~$156,645/yr) supports up to $3,916 a month in rent. Rancho Palos Verdes's current median rent is $4,433/mo, which is $517/mo over the affordability threshold.

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

At an hourly equivalent of about $75 an hour, a pharmacist in California works roughly 58.9 hours a month to cover Rancho Palos Verdes's median rent of $4,433.

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

Nearby California cities with lower median rent include Calabasas ($4,423/mo), Rancho Mirage ($4,417/mo), Danville ($4,411/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 Rancho Palos Verdes, CA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.