Can A Pharmacist Afford Rent in Key West, FL?

Stretched but workable — rent takes 32.2% of gross income.

Key West rent: July 2026. Salary: BLS OEWS May 2024 (Florida state estimate).

Key West median rent
$3,312/mo
Pharmacist salary (Florida)
$123,458/yr
Rent as % of income
32.2%
Gross monthly income works out to about $10,288, and the 30% rule supports up to $3,086/mo in rent. Key West's median rent of $3,312 exceeds that threshold by $226/mo, putting a pharmacist salary into the rent-burdened range here. A pharmacist works roughly 55.8 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 Florida cities have lower median rent than Key West, which improves the affordability math on a pharmacist salary:

Bay Harbor Islands, FL
$3,303/mo (32.1% of income)
Islamorada, FL
$3,297/mo (32% of income)
Redington Shores, FL
$3,288/mo (32% of income)

Compare with full rent data for Key West

View full rent data for Key West, FL

Frequently asked questions

Can a pharmacist afford rent in Key West, FL?

Median rent in Key West is $3,312 a month. A typical pharmacist in Florida earns about $123,458 a year, which makes that rent 32.2% 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 Key West?

Using the 30% rule, a pharmacist salary in Florida (~$123,458/yr) supports up to $3,086 a month in rent. Key West's current median rent is $3,312/mo, which is $226/mo over the affordability threshold.

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

At an hourly equivalent of about $59 an hour, a pharmacist in Florida works roughly 55.8 hours a month to cover Key West's median rent of $3,312.

Where is rent cheaper than Key West for a pharmacist?

Nearby Florida cities with lower median rent include Bay Harbor Islands ($3,303/mo), Islamorada ($3,297/mo), Redington Shores ($3,288/mo). Each shifts the affordability math materially on a pharmacist salary.

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