Can A Pharmacist Afford Rent in New Castle, DE?

Comfortably affordable — rent takes 15.5% of gross income.

New Castle rent: June 2026. Salary: BLS OEWS May 2024 (Delaware state estimate).

New Castle median rent
$1,747/mo
Pharmacist salary (Delaware)
$135,405/yr
Rent as % of income
15.5%
Gross monthly income works out to about $11,284, and the 30% rule supports up to $3,385/mo in rent. New Castle's median rent of $1,747 leaves roughly $1,638/mo of headroom under that threshold. A pharmacist works roughly 26.8 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 Delaware cities have lower median rent than New Castle, which improves the affordability math on a pharmacist salary:

Wilmington, DE
$1,744/mo (15.5% of income)
Wilmington, DE
$1,739/mo (15.4% of income)
Wilmington, DE
$1,734/mo (15.4% of income)

Compare with full rent data for New Castle

View full rent data for New Castle, DE

Frequently asked questions

Can a pharmacist afford rent in New Castle, DE?

Median rent in New Castle is $1,747 a month. A typical pharmacist in Delaware earns about $135,405 a year, which makes that rent 15.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in New Castle?

Using the 30% rule, a pharmacist salary in Delaware (~$135,405/yr) supports up to $3,385 a month in rent. New Castle's current median rent is $1,747/mo, which leaves a $1,638/mo buffer.

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

At an hourly equivalent of about $65 an hour, a pharmacist in Delaware works roughly 26.8 hours a month to cover New Castle's median rent of $1,747.

Where is rent cheaper than New Castle for a pharmacist?

Nearby Delaware cities with lower median rent include Wilmington ($1,744/mo), Wilmington ($1,739/mo), Wilmington ($1,734/mo). Each shifts the affordability math materially on a pharmacist salary.

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