Can A Pharmacist Afford Rent in Santa Monica, CA?

Comfortably affordable — rent takes 26.9% of gross income.

Santa Monica rent: June 2026. Salary: BLS OEWS May 2024 (California state estimate).

Santa Monica median rent
$3,517/mo
Pharmacist salary (California)
$156,645/yr
Rent as % of income
26.9%
Gross monthly income works out to about $13,054, and the 30% rule supports up to $3,916/mo in rent. Santa Monica's median rent of $3,517 leaves roughly $399/mo of headroom under that threshold. A pharmacist works roughly 46.7 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 Santa Monica, which improves the affordability math on a pharmacist salary:

Granite Bay, CA
$3,516/mo (26.9% of income)
Marina, CA
$3,513/mo (26.9% of income)
Morgan Hill, CA
$3,512/mo (26.9% of income)

Compare with full rent data for Santa Monica

View full rent data for Santa Monica, CA

Frequently asked questions

Can a pharmacist afford rent in Santa Monica, CA?

Median rent in Santa Monica is $3,517 a month. A typical pharmacist in California earns about $156,645 a year, which makes that rent 26.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Santa Monica?

Using the 30% rule, a pharmacist salary in California (~$156,645/yr) supports up to $3,916 a month in rent. Santa Monica's current median rent is $3,517/mo, which leaves a $399/mo buffer.

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

At an hourly equivalent of about $75 an hour, a pharmacist in California works roughly 46.7 hours a month to cover Santa Monica's median rent of $3,517.

Where is rent cheaper than Santa Monica for a pharmacist?

Nearby California cities with lower median rent include Granite Bay ($3,516/mo), Marina ($3,513/mo), Morgan Hill ($3,512/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 Santa Monica, CA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.