Can A Pharmacist Afford Rent in Lawrence, IN?

Comfortably affordable — rent takes 15.9% of gross income.

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

Lawrence median rent
$1,615/mo
Pharmacist salary (Indiana)
$122,130/yr
Rent as % of income
15.9%
Gross monthly income works out to about $10,178, and the 30% rule supports up to $3,053/mo in rent. Lawrence's median rent of $1,615 leaves roughly $1,438/mo of headroom under that threshold. A pharmacist works roughly 27.5 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 Indiana cities have lower median rent than Lawrence, which improves the affordability math on a pharmacist salary:

Charlestown, IN
$1,612/mo (15.8% of income)
Highland, IN
$1,610/mo (15.8% of income)
Franklin, IN
$1,609/mo (15.8% of income)

Compare with full rent data for Lawrence

View full rent data for Lawrence, IN

Frequently asked questions

Can a pharmacist afford rent in Lawrence, IN?

Median rent in Lawrence is $1,615 a month. A typical pharmacist in Indiana earns about $122,130 a year, which makes that rent 15.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Lawrence?

Using the 30% rule, a pharmacist salary in Indiana (~$122,130/yr) supports up to $3,053 a month in rent. Lawrence's current median rent is $1,615/mo, which leaves a $1,438/mo buffer.

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

At an hourly equivalent of about $59 an hour, a pharmacist in Indiana works roughly 27.5 hours a month to cover Lawrence's median rent of $1,615.

Where is rent cheaper than Lawrence for a pharmacist?

Nearby Indiana cities with lower median rent include Charlestown ($1,612/mo), Highland ($1,610/mo), Franklin ($1,609/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 Lawrence, IN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.