Can A Pharmacist Afford Rent in Monroe, LA?

Comfortably affordable — rent takes 16.3% of gross income.

Monroe rent: July 2026. Salary: BLS OEWS May 2024 (Louisiana state estimate).

Monroe median rent
$1,570/mo
Pharmacist salary (Louisiana)
$115,493/yr
Rent as % of income
16.3%
Gross monthly income works out to about $9,624, and the 30% rule supports up to $2,887/mo in rent. Monroe's median rent of $1,570 leaves roughly $1,317/mo of headroom under that threshold. A pharmacist works roughly 28.3 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 Louisiana cities have lower median rent than Monroe, which improves the affordability math on a pharmacist salary:

Covington, LA
$1,568/mo (16.3% of income)
Kenner, LA
$1,568/mo (16.3% of income)
Broussard, LA
$1,566/mo (16.3% of income)

Compare with full rent data for Monroe

View full rent data for Monroe, LA

Frequently asked questions

Can a pharmacist afford rent in Monroe, LA?

Median rent in Monroe is $1,570 a month. A typical pharmacist in Louisiana earns about $115,493 a year, which makes that rent 16.3% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Monroe?

Using the 30% rule, a pharmacist salary in Louisiana (~$115,493/yr) supports up to $2,887 a month in rent. Monroe's current median rent is $1,570/mo, which leaves a $1,317/mo buffer.

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

At an hourly equivalent of about $56 an hour, a pharmacist in Louisiana works roughly 28.3 hours a month to cover Monroe's median rent of $1,570.

Where is rent cheaper than Monroe for a pharmacist?

Nearby Louisiana cities with lower median rent include Covington ($1,568/mo), Kenner ($1,568/mo), Broussard ($1,566/mo). Each shifts the affordability math materially on a pharmacist salary.

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