Can A Pharmacist Afford Rent in Cedar Falls, IA?

Comfortably affordable — rent takes 12.4% of gross income.

Cedar Falls rent: June 2026. Salary: BLS OEWS May 2024 (Iowa state estimate).

Cedar Falls median rent
$1,264/mo
Pharmacist salary (Iowa)
$122,130/yr
Rent as % of income
12.4%
Gross monthly income works out to about $10,178, and the 30% rule supports up to $3,053/mo in rent. Cedar Falls's median rent of $1,264 leaves roughly $1,789/mo of headroom under that threshold. A pharmacist works roughly 21.5 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 Iowa cities have lower median rent than Cedar Falls, which improves the affordability math on a pharmacist salary:

Coralville, IA
$1,263/mo (12.4% of income)
Pleasant Hill, IA
$1,262/mo (12.4% of income)
Cedar Rapids, IA
$1,258/mo (12.4% of income)

Compare with full rent data for Cedar Falls

View full rent data for Cedar Falls, IA

Frequently asked questions

Can a pharmacist afford rent in Cedar Falls, IA?

Median rent in Cedar Falls is $1,264 a month. A typical pharmacist in Iowa earns about $122,130 a year, which makes that rent 12.4% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Cedar Falls?

Using the 30% rule, a pharmacist salary in Iowa (~$122,130/yr) supports up to $3,053 a month in rent. Cedar Falls's current median rent is $1,264/mo, which leaves a $1,789/mo buffer.

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

At an hourly equivalent of about $59 an hour, a pharmacist in Iowa works roughly 21.5 hours a month to cover Cedar Falls's median rent of $1,264.

Where is rent cheaper than Cedar Falls for a pharmacist?

Nearby Iowa cities with lower median rent include Coralville ($1,263/mo), Pleasant Hill ($1,262/mo), Cedar Rapids ($1,258/mo). Each shifts the affordability math materially on a pharmacist salary.

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