Can A Pharmacist Afford Rent in Newark, DE?

Comfortably affordable — rent takes 18.7% of gross income.

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

Newark median rent
$2,113/mo
Pharmacist salary (Delaware)
$135,405/yr
Rent as % of income
18.7%
Gross monthly income works out to about $11,284, and the 30% rule supports up to $3,385/mo in rent. Newark's median rent of $2,113 leaves roughly $1,272/mo of headroom under that threshold. A pharmacist works roughly 32.5 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 Newark, which improves the affordability math on a pharmacist salary:

Bear, DE
$2,105/mo (18.7% of income)
Lewes, DE
$2,097/mo (18.6% of income)
Milford, DE
$2,092/mo (18.5% of income)

Compare with full rent data for Newark

View full rent data for Newark, DE

Frequently asked questions

Can a pharmacist afford rent in Newark, DE?

Median rent in Newark is $2,113 a month. A typical pharmacist in Delaware earns about $135,405 a year, which makes that rent 18.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Newark?

Using the 30% rule, a pharmacist salary in Delaware (~$135,405/yr) supports up to $3,385 a month in rent. Newark's current median rent is $2,113/mo, which leaves a $1,272/mo buffer.

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

At an hourly equivalent of about $65 an hour, a pharmacist in Delaware works roughly 32.5 hours a month to cover Newark's median rent of $2,113.

Where is rent cheaper than Newark for a pharmacist?

Nearby Delaware cities with lower median rent include Bear ($2,105/mo), Lewes ($2,097/mo), Milford ($2,092/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 Newark, DE. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.