Can A Pharmacist Afford Rent in New Castle, DE?

Comfortably affordable — rent takes 14.8% of gross income.

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

New Castle median rent
$1,669/mo
Pharmacist salary (Delaware)
$135,405/yr
Rent as % of income
14.8%
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 $1,669 leaves roughly $1,716/mo of headroom under that threshold. A pharmacist works roughly 25.6 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:

Dover, DE
$1,665/mo (14.8% of income)
Dover, DE
$1,660/mo (14.7% of income)
Dover, DE
$1,660/mo (14.7% 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 $1,669 a month. A typical pharmacist in Delaware earns about $135,405 a year, which makes that rent 14.8% 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 $1,669/mo, which leaves a $1,716/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 25.6 hours a month to cover New Castle's median rent of $1,669.

Where is rent cheaper than New Castle for a pharmacist?

Nearby Delaware cities with lower median rent include Dover ($1,665/mo), Dover ($1,660/mo), Dover ($1,660/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.