Can A Pharmacist Afford Rent in Medford, MA?

Comfortably affordable — rent takes 26.6% of gross income.

Medford rent: June 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).

Medford median rent
$3,419/mo
Pharmacist salary (Massachusetts)
$153,990/yr
Rent as % of income
26.6%
Gross monthly income works out to about $12,833, and the 30% rule supports up to $3,850/mo in rent. Medford's median rent of $3,419 leaves roughly $431/mo of headroom under that threshold. A pharmacist works roughly 46.2 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 Massachusetts cities have lower median rent than Medford, which improves the affordability math on a pharmacist salary:

Boston, MA
$3,413/mo (26.6% of income)
Needham, MA
$3,399/mo (26.5% of income)
Needham, MA
$3,395/mo (26.5% of income)

Compare with full rent data for Medford

View full rent data for Medford, MA

Frequently asked questions

Can a pharmacist afford rent in Medford, MA?

Median rent in Medford is $3,419 a month. A typical pharmacist in Massachusetts earns about $153,990 a year, which makes that rent 26.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Medford?

Using the 30% rule, a pharmacist salary in Massachusetts (~$153,990/yr) supports up to $3,850 a month in rent. Medford's current median rent is $3,419/mo, which leaves a $431/mo buffer.

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

At an hourly equivalent of about $74 an hour, a pharmacist in Massachusetts works roughly 46.2 hours a month to cover Medford's median rent of $3,419.

Where is rent cheaper than Medford for a pharmacist?

Nearby Massachusetts cities with lower median rent include Boston ($3,413/mo), Needham ($3,399/mo), Needham ($3,395/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 Medford, MA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.