Can A Pharmacist Afford Rent in Newton, IA?
Comfortably affordable — rent takes 9.7% of gross income.
Newton 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 Newton, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Newton
View full rent data for Newton, IA →Frequently asked questions
Can a pharmacist afford rent in Newton, IA?
Median rent in Newton is $992 a month. A typical pharmacist in Iowa earns about $122,130 a year, which makes that rent 9.7% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in Newton?
Using the 30% rule, a pharmacist salary in Iowa (~$122,130/yr) supports up to $3,053 a month in rent. Newton's current median rent is $992/mo, which leaves a $2,061/mo buffer.
How many hours does a pharmacist work to cover rent in Newton?
At an hourly equivalent of about $59 an hour, a pharmacist in Iowa works roughly 16.9 hours a month to cover Newton's median rent of $992.
Where is rent cheaper than Newton for a pharmacist?
Nearby Iowa cities with lower median rent include Burlington ($991/mo), Knoxville ($987/mo), Burlington ($983/mo). Each shifts the affordability math materially on a pharmacist salary.