Can A Pharmacist Afford Rent in Pendleton, IN?

Comfortably affordable — rent takes 20.3% of gross income.

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

Pendleton median rent
$2,068/mo
Pharmacist salary (Indiana)
$122,130/yr
Rent as % of income
20.3%
Gross monthly income works out to about $10,178, and the 30% rule supports up to $3,053/mo in rent. Pendleton's median rent of $2,068 leaves roughly $985/mo of headroom under that threshold. A pharmacist works roughly 35.2 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 Pendleton, which improves the affordability math on a pharmacist salary:

McCordsville, IN
$2,065/mo (20.3% of income)
Whitestown, IN
$2,057/mo (20.2% of income)
McCordsville, IN
$2,047/mo (20.1% of income)

Compare with full rent data for Pendleton

View full rent data for Pendleton, IN

Frequently asked questions

Can a pharmacist afford rent in Pendleton, IN?

Median rent in Pendleton is $2,068 a month. A typical pharmacist in Indiana earns about $122,130 a year, which makes that rent 20.3% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Pendleton?

Using the 30% rule, a pharmacist salary in Indiana (~$122,130/yr) supports up to $3,053 a month in rent. Pendleton's current median rent is $2,068/mo, which leaves a $985/mo buffer.

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

At an hourly equivalent of about $59 an hour, a pharmacist in Indiana works roughly 35.2 hours a month to cover Pendleton's median rent of $2,068.

Where is rent cheaper than Pendleton for a pharmacist?

Nearby Indiana cities with lower median rent include McCordsville ($2,065/mo), Whitestown ($2,057/mo), McCordsville ($2,047/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 Pendleton, IN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.