Can A Pharmacist Afford Rent in Evansville, IN?

Comfortably affordable — rent takes 10.2% of gross income.

Evansville rent: June 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).

Evansville median rent
$1,038/mo
Pharmacist salary (Indiana)
$122,130/yr
Rent as % of income
10.2%
Gross monthly income works out to about $10,178, and the 30% rule supports up to $3,053/mo in rent. Evansville's median rent of $1,038 leaves roughly $2,015/mo of headroom under that threshold. A pharmacist works roughly 17.7 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 Indiana cities have lower median rent than Evansville, which improves the affordability math on a pharmacist salary:

Elkhart, IN
$1,037/mo (10.2% of income)
Elkhart, IN
$1,035/mo (10.2% of income)
Columbia City, IN
$1,035/mo (10.2% of income)

Compare with full rent data for Evansville

View full rent data for Evansville, IN

Frequently asked questions

Can a pharmacist afford rent in Evansville, IN?

Median rent in Evansville is $1,038 a month. A typical pharmacist in Indiana earns about $122,130 a year, which makes that rent 10.2% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Evansville?

Using the 30% rule, a pharmacist salary in Indiana (~$122,130/yr) supports up to $3,053 a month in rent. Evansville's current median rent is $1,038/mo, which leaves a $2,015/mo buffer.

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

At an hourly equivalent of about $59 an hour, a pharmacist in Indiana works roughly 17.7 hours a month to cover Evansville's median rent of $1,038.

Where is rent cheaper than Evansville for a pharmacist?

Nearby Indiana cities with lower median rent include Elkhart ($1,037/mo), Elkhart ($1,035/mo), Columbia City ($1,035/mo). Each shifts the affordability math materially on a pharmacist salary.

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