Can A Pharmacist Afford Rent in New Orleans, LA?

Comfortably affordable — rent takes 17.3% of gross income.

New Orleans rent: June 2026. Salary: BLS OEWS May 2024 (Louisiana state estimate).

New Orleans median rent
$1,664/mo
Pharmacist salary (Louisiana)
$115,493/yr
Rent as % of income
17.3%
Gross monthly income works out to about $9,624, and the 30% rule supports up to $2,887/mo in rent. New Orleans's median rent of $1,664 leaves roughly $1,223/mo of headroom under that threshold. A pharmacist works roughly 30 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 New Orleans, which improves the affordability math on a pharmacist salary:

Gonzales, LA
$1,662/mo (17.3% of income)
Metairie, LA
$1,662/mo (17.3% of income)
Metairie, LA
$1,660/mo (17.2% of income)

Compare with full rent data for New Orleans

View full rent data for New Orleans, LA

Frequently asked questions

Can a pharmacist afford rent in New Orleans, LA?

Median rent in New Orleans is $1,664 a month. A typical pharmacist in Louisiana earns about $115,493 a year, which makes that rent 17.3% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in New Orleans?

Using the 30% rule, a pharmacist salary in Louisiana (~$115,493/yr) supports up to $2,887 a month in rent. New Orleans's current median rent is $1,664/mo, which leaves a $1,223/mo buffer.

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

At an hourly equivalent of about $56 an hour, a pharmacist in Louisiana works roughly 30 hours a month to cover New Orleans's median rent of $1,664.

Where is rent cheaper than New Orleans for a pharmacist?

Nearby Louisiana cities with lower median rent include Gonzales ($1,662/mo), Metairie ($1,662/mo), Metairie ($1,660/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 New Orleans, LA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.