Can A Pharmacist Afford Rent in Marshalltown, IA?

Comfortably affordable — rent takes 9.1% of gross income.

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

Marshalltown median rent
$930/mo
Pharmacist salary (Iowa)
$122,130/yr
Rent as % of income
9.1%
Gross monthly income works out to about $10,178, and the 30% rule supports up to $3,053/mo in rent. Marshalltown's median rent of $930 leaves roughly $2,123/mo of headroom under that threshold. A pharmacist works roughly 15.8 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 Iowa cities have lower median rent than Marshalltown, which improves the affordability math on a pharmacist salary:

Davenport, IA
$927/mo (9.1% of income)
Des Moines, IA
$925/mo (9.1% of income)
Davenport, IA
$923/mo (9.1% of income)

Compare with full rent data for Marshalltown

View full rent data for Marshalltown, IA

Frequently asked questions

Can a pharmacist afford rent in Marshalltown, IA?

Median rent in Marshalltown is $930 a month. A typical pharmacist in Iowa earns about $122,130 a year, which makes that rent 9.1% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Marshalltown?

Using the 30% rule, a pharmacist salary in Iowa (~$122,130/yr) supports up to $3,053 a month in rent. Marshalltown's current median rent is $930/mo, which leaves a $2,123/mo buffer.

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

At an hourly equivalent of about $59 an hour, a pharmacist in Iowa works roughly 15.8 hours a month to cover Marshalltown's median rent of $930.

Where is rent cheaper than Marshalltown for a pharmacist?

Nearby Iowa cities with lower median rent include Davenport ($927/mo), Des Moines ($925/mo), Davenport ($923/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 Marshalltown, IA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.