Can A Pharmacist Afford Rent in Marshalltown, IA?
Comfortably affordable — rent takes 9.6% of gross income.
Marshalltown rent: July 2026. Salary: BLS OEWS May 2024 (Iowa state estimate).
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:
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 $978 a month. A typical pharmacist in Iowa earns about $122,130 a year, which makes that rent 9.6% 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 $978/mo, which leaves a $2,075/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 16.7 hours a month to cover Marshalltown's median rent of $978.
Where is rent cheaper than Marshalltown for a pharmacist?
Nearby Iowa cities with lower median rent include Davenport ($973/mo), Knoxville ($970/mo), Des Moines ($964/mo). Each shifts the affordability math materially on a pharmacist salary.