Can A Pharmacist Afford Rent in Lexington, MA?

Comfortably affordable — rent takes 27.4% of gross income.

Lexington rent: September 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).

Lexington median rent
$3,522/mo
Pharmacist salary (Massachusetts)
$153,990/yr
Rent as % of income
27.4%
Gross monthly income works out to about $12,833, and the 30% rule supports up to $3,850/mo in rent. Lexington's median rent of $3,522 leaves roughly $328/mo of headroom under that threshold. A pharmacist works roughly 47.6 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 Massachusetts cities have lower median rent than Lexington, which improves the affordability math on a pharmacist salary:

Medford, MA
$3,520/mo (27.4% of income)
Needham, MA
$3,508/mo (27.3% of income)
Swampscott, MA
$3,505/mo (27.3% of income)

Compare with full rent data for Lexington

View full rent data for Lexington, MA →

Frequently asked questions

Can a pharmacist afford rent in Lexington, MA?

Median rent in Lexington is $3,522 a month. A typical pharmacist in Massachusetts earns about $153,990 a year, which makes that rent 27.4% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Lexington?

Using the 30% rule, a pharmacist salary in Massachusetts (~$153,990/yr) supports up to $3,850 a month in rent. Lexington's current median rent is $3,522/mo, which leaves a $328/mo buffer.

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

At an hourly equivalent of about $74 an hour, a pharmacist in Massachusetts works roughly 47.6 hours a month to cover Lexington's median rent of $3,522.

Where is rent cheaper than Lexington for a pharmacist?

Nearby Massachusetts cities with lower median rent include Medford ($3,520/mo), Needham ($3,508/mo), Swampscott ($3,505/mo). Each shifts the affordability math materially on a pharmacist salary.

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